There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Central Bank Of India for its Khanandhi branch in Shahdol, Khanaudhi, Madhya Pradesh, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Central Bank Of India situated in Shahdol or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code CBIN0282146. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Central Bank Of India, Khanandhi, Shahdol
Here are the main details that are associated with the IFSC Code CBIN0282146 of Central Bank Of India for its branch located in Shahdol, within the district of Khanaudhi in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0282146 |
| Branch | Khanandhi |
| City | Shahdol |
| District | Khanaudhi |
| State | Madhya Pradesh |
| Address | Village & Post Khanandhi, Tehsil - Sohapur, Dist-Shahdol, Madhya Pradesh-484770 |
These details help users in online banking and for businesses and individuals who use Central Bank Of India in Shahdol for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0282146 for the Khanandhi branch of Central Bank Of India has a very important role.
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, including Central Bank Of India located in Khanandhi, Shahdol, Madhya Pradesh, is provided with a unique IFSC like CBIN0282146 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Central Bank Of India branch in Shahdol.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Shahdol and Khanaudhi.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Central Bank Of India in Khanandhi do not get mixed with another location.
Format of the IFSC Code CBIN0282146
This is the format of the IFSC Code for banks, including Central Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Central Bank Of India, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Khanandhi in Shahdol.
For example, the IFSC Code CBIN0282146 of Central Bank Of India for the Khanandhi branch includes these elements, identifying the bank and the branch location in Shahdol and Madhya Pradesh accurately.
How to Find IFSC Code for Central Bank Of India?
If you are trying to find the IFSC Code CBIN0282146 of Central Bank Of India for its Khanandhi branch located in Shahdol, 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
Most banks, including Central Bank Of India branches in Shahdol and Khanaudhi, print the IFSC and MICR codes 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 Khanandhi or Shahdol to get the exact IFSC Code CBIN0282146.
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 Shahdol, you'll get the correct details.
How to Use IFSC Code CBIN0282146 for Online Transfers?
Once you have the IFSC Code CBIN0282146 for the Khanandhi branch of Central Bank Of India in Shahdol, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CBIN0282146. 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 CBIN0282146.
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 Khanandhi in Shahdol may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Central Bank Of India in Khanandhi, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Central Bank Of India website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Shahdol to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CBIN0282146.
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 Village & Post Khanandhi, Tehsil - Sohapur, Dist-Shahdol, Madhya Pradesh-484770 located in Shahdol, Khanaudhi, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.