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 Honavar branch in Uttar Kannad, Honavar, Karnataka, 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 Uttar Kannad or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code CBIN0282543. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Central Bank Of India, Honavar, Uttar Kannad

The table below shows the main details of the IFSC Code CBIN0282543 for the Central Bank Of India branch in Uttar Kannad, which falls under the Honavar district in Karnataka.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0282543
Branch Honavar
City Uttar Kannad
District Honavar
State Karnataka
Address Honavardist-N. Kanarakarnataka-581334

These details are important not only for users using online banking but also for businesses and individuals who use Central Bank Of India in Uttar Kannad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CBIN0282543 for the Honavar 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 Honavar, Uttar Kannad, Karnataka, are allotted a unique IFSC like CBIN0282543 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Uttar Kannad.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Uttar Kannad and Honavar.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Central Bank Of India in Honavar reaches the right place, even though there are thousands of branches in Karnataka and across India.

Format of the IFSC Code CBIN0282543

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 Honavar in Uttar Kannad.

For example, the IFSC Code CBIN0282543 of Central Bank Of India for the Honavar branch includes these elements, identifying the bank and the branch location in Uttar Kannad and Karnataka accurately.

How to Find IFSC Code for Central Bank Of India?

To find the IFSC Code CBIN0282543 of Central Bank Of India for its Honavar branch located in Uttar Kannad, the following methods can help you out:

Cheque Book

The cheque book issued by Central Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Central Bank Of India branches in Uttar Kannad and Honavar, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Central Bank Of India and go to the branch locator section. Then search for Honavar or Uttar Kannad to find the exact IFSC Code CBIN0282543.

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 maintains an updated database of all IFSC codes. Searching for Central Bank Of India and Uttar Kannad will provide accurate information.

How to Use IFSC Code CBIN0282543 for Online Transfers?

Once you have the IFSC Code CBIN0282543 for the Honavar branch of Central Bank Of India in Uttar Kannad, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0282543. 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 CBIN0282543.

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 Honavar in Uttar Kannad 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 Honavar, here are some ways that you can get 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.

If you know both IFSC and MICR codes, then it can help account holders in Uttar Kannad manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Central Bank Of India in Honavar, Uttar Kannad?

The IFSC Code is CBIN0282543.

Is the IFSC Code CBIN0282543 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Honavar branch?

The address of the branch is Honavardist-N. Kanarakarnataka-581334 located in Uttar Kannad, Honavar, Karnataka.

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.