For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Central Bank Of India for its Mitrapura branch in Sawai Madhopur, Mitrapura, Rajasthan, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Central Bank Of India located in Sawai Madhopur or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code CBIN0284782. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Central Bank Of India, Mitrapura, Sawai Madhopur
Here are the key points that are associated with the IFSC Code CBIN0284782 of Central Bank Of India for its branch located in Sawai Madhopur, within the district of Mitrapura in the state of Rajasthan.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0284782 |
| Branch | Mitrapura |
| City | Sawai Madhopur |
| District | Mitrapura |
| State | Rajasthan |
| Address | Near Jain Dharamshala, Bonli Road, Vill Mitrapura Tehsil Bonli, |
These details are important not only for users using online banking but also for businesses and individuals who use Central Bank Of India in Sawai Madhopur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CBIN0284782 for the Mitrapura branch of Central Bank Of India is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like CBIN0284782 is given to every bank branch, including Central Bank Of India located in Mitrapura, Sawai Madhopur, Rajasthan, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Central Bank Of India branch in Sawai Madhopur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Sawai Madhopur and Mitrapura.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Rajasthan and the rest of India, which is why the IFSC Code ensures that transactions meant for Central Bank Of India in Mitrapura doesn't end up at another location.
Format of the IFSC Code CBIN0284782
The format of the IFSC Code for banks, including Central Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Central Bank Of India, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Mitrapura in Sawai Madhopur.
For example, the IFSC Code CBIN0284782 of Central Bank Of India for the Mitrapura branch includes these elements, identifying the bank and the branch location in Sawai Madhopur and Rajasthan accurately.
How to Find IFSC Code for Central Bank Of India?
If you are trying to find the IFSC Code CBIN0284782 of Central Bank Of India for its Mitrapura branch located in Sawai Madhopur, the following methods can help:
Cheque Book
The cheque book issued by Central Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Central Bank Of India branches in Sawai Madhopur and Mitrapura, print them on the first page of your passbook.
Bank Website
Visit the official website of Central Bank Of India and navigate to the branch locator section. Search for Mitrapura or Sawai Madhopur to get the exact IFSC Code CBIN0284782.
Mobile Banking App
If you use Central Bank Of India's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Central Bank Of India and Sawai Madhopur, you'll get the correct details.
How to Use IFSC Code CBIN0284782 for Online Transfers?
Once you have the IFSC Code CBIN0284782 for the Mitrapura branch of Central Bank Of India in Sawai Madhopur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CBIN0284782. Transfers are processed in batches. This is suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Central Bank Of India IFSC Code CBIN0284782.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Central Bank Of India Mitrapura in Sawai Madhopur may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Central Bank Of India in Mitrapura, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Central Bank Of India website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Sawai Madhopur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CBIN0284782.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Near Jain Dharamshala, Bonli Road, Vill Mitrapura Tehsil Bonli, located in Sawai Madhopur, Mitrapura, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.