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 Halwad branch in Surendranagar, Halvad, Gujarat, 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 Surendranagar or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code CBIN0283557. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Central Bank Of India, Halwad, Surendranagar

Here are some of the key details that come with the IFSC Code CBIN0283557 of Central Bank Of India for its branch located in Surendranagar, within the district of Halvad in the state of Gujarat.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0283557
Branch Halwad
City Surendranagar
District Halvad
State Gujarat
Address Below Pooja Guest House, Station Road, Halwad, Gujarat - 363330

These details are important not only for users using online banking but also for businesses and individuals who use Central Bank Of India in Surendranagar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CBIN0283557 for the Halwad 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, including Central Bank Of India located in Halwad, Surendranagar, Gujarat, is provided with a unique IFSC like CBIN0283557 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 Surendranagar.
  • 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 Surendranagar and Halvad.
  • 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 Gujarat and the rest of India and the IFSC Code ensures that transactions meant for Central Bank Of India in Halwad do not get mixed with another location.

Format of the IFSC Code CBIN0283557

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): These represent the bank code. In Central Bank Of India, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Halwad in Surendranagar.

For example, the IFSC Code CBIN0283557 of Central Bank Of India for the Halwad branch has these elements, identifying the bank and the branch location in Surendranagar and Gujarat correctly.

How to Find IFSC Code for Central Bank Of India?

If you are looking for the IFSC Code CBIN0283557 of Central Bank Of India for its Halwad branch located in Surendranagar, 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 Surendranagar and Halvad, 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 Halwad or Surendranagar to get the exact IFSC Code CBIN0283557.

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 Surendranagar, then it will provide you proper information.

How to Use IFSC Code CBIN0283557 for Online Transfers?

Once you have the IFSC Code CBIN0283557 for the Halwad branch of Central Bank Of India in Surendranagar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CBIN0283557. The transfer is completed in batches instead of instantly. It is useful for both 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 CBIN0283557.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Central Bank Of India Halwad in Surendranagar, your payment can get delayed or might not go through at all.

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 Halwad, 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 Surendranagar 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 in Halwad, Surendranagar?

The IFSC Code is CBIN0283557.

Is the IFSC Code CBIN0283557 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Central Bank Of India Halwad?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Halwad branch?

The address of the branch is Below Pooja Guest House, Station Road, Halwad, Gujarat - 363330 located in Surendranagar, Halvad, Gujarat.

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.