Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Central Bank Of India for its Vesu branch in Surat, Vesu, or Gujarat, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Central Bank Of India located in Surat or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code CBIN0284945. You should definitely 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, Vesu, Surat

The table below shows the main details of the IFSC Code CBIN0284945 for the Central Bank Of India branch in Surat, which falls under the Vesu district in Gujarat.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0284945
Branch Vesu
City Surat
District Vesu
State Gujarat
Address Shop No.7,8,9,Raghuveer Business Park,Udhana Magdalla Road,Vesu,Dist Surat,Gujarat 395007

These details are essential not only for online banking users but also for businesses and individuals who use Central Bank Of India in Surat for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0284945 for the Vesu branch of Central Bank Of India plays an important role.

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 CBIN0284945 is given to every bank branch, including Central Bank Of India located in Vesu, Surat, Gujarat, 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 Surat.
  • 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 Surat and Vesu.
  • 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 Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for Central Bank Of India in Vesu doesn't end up at another location.

Format of the IFSC Code CBIN0284945

The format of the IFSC Code for banks, including Central Bank Of India, has 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 Vesu in Surat.

For example, the IFSC Code CBIN0284945 of Central Bank Of India for the Vesu branch includes these elements, identifying the bank and the branch location in Surat and Gujarat correctly.

How to Find IFSC Code for Central Bank Of India?

If you are looking for the IFSC Code CBIN0284945 of Central Bank Of India for its Vesu branch located in Surat, 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 Surat and Vesu, 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 Vesu or Surat to get the exact IFSC Code CBIN0284945.

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 Surat, then it will provide you proper information.

How to Use IFSC Code CBIN0284945 for Online Transfers?

Once you have the IFSC Code CBIN0284945 for the Vesu branch of Central Bank Of India in Surat, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0284945. 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 CBIN0284945.

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 Vesu in Surat 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 Vesu, 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 Surat to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Central Bank Of India Vesu Surat?

The IFSC Code of the Vesu Surat branch is CBIN0284945.

Is IFSC Code CBIN0284945 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Central Bank Of India Vesu branch?

The branch is located at Shop No.7,8,9,Raghuveer Business Park,Udhana Magdalla Road,Vesu,Dist Surat,Gujarat 395007.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.