The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Central Bank Of India for its Khanhiwada branch in Seoni, Khanhiwada, Madhya Pradesh, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Central Bank Of India located in Seoni or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code CBIN0281812. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Central Bank Of India, Khanhiwada, Seoni
The table below shows the main details of the IFSC Code CBIN0281812 for the Central Bank Of India branch in Seoni, which falls under the Khanhiwada district in Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0281812 |
| Branch | Khanhiwada |
| City | Seoni |
| District | Khanhiwada |
| State | Madhya Pradesh |
| Address | Near Bus Stand, Bargat Road, Kanhiwada, Dist-Seoni, Madhya Pradesh-480990 |
These details are important not only for users using online banking but also for businesses and individuals who use Central Bank Of India in Seoni for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CBIN0281812 for the Khanhiwada 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 provided by the Reserve Bank of India. Every bank branch, along with Central Bank Of India located in Khanhiwada, Seoni, Madhya Pradesh, are given a unique IFSC like CBIN0281812 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Seoni.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Seoni and Khanhiwada.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Central Bank Of India in Khanhiwada goes to the correct branch. This is important because Central Bank Of India has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code CBIN0281812
The format of the IFSC Code for banks, including Central Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Central Bank Of India, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Khanhiwada in Seoni.
For example, the IFSC Code CBIN0281812 of Central Bank Of India for the Khanhiwada branch includes these elements, identifying the bank and the branch location in Seoni and Madhya Pradesh accurately.
How to Find IFSC Code for Central Bank Of India?
If you are looking for the IFSC Code CBIN0281812 of Central Bank Of India for its Khanhiwada branch located in Seoni, the following methods can help:
Cheque Book
The cheque book that is issued by Central Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Central Bank Of India branches in Seoni and Khanhiwada, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Central Bank Of India and look for the branch locator section, then search for Khanhiwada or Seoni to get the exact IFSC Code CBIN0281812.
Mobile Banking App
If you use Central Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Central Bank Of India and Seoni, then it will provide you proper information.
How to Use IFSC Code CBIN0281812 for Online Transfers?
Once you have the IFSC Code CBIN0281812 for the Khanhiwada branch of Central Bank Of India in Seoni, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CBIN0281812. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Central Bank Of India IFSC Code CBIN0281812.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Central Bank Of India Khanhiwada in Seoni, it can 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 Khanhiwada, 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 Seoni manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CBIN0281812.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Near Bus Stand, Bargat Road, Kanhiwada, Dist-Seoni, Madhya Pradesh-480990 located in Seoni, Khanhiwada, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.