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 Poigai branch in Vellor, Anaicut, Tamil Nadu, 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 Vellor or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code CBIN0284974. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Central Bank Of India, Poigai, Vellor

Here are the main details that are associated with the IFSC Code CBIN0284974 of Central Bank Of India for its branch located in Vellor, within the district of Anaicut in the state of Tamil Nadu.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0284974
Branch Poigai
City Vellor
District Anaicut
State Tamil Nadu
Address Door No.2 148 1C, Bangalore National Highway,Poigai 632114.

These details helps users in online banking and for businesses and individuals who use Central Bank Of India in Vellor for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0284974 for the Poigai branch of Central Bank Of India plays a vital 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 CBIN0284974 is given to every bank branch, including Central Bank Of India located in Poigai, Vellor, Tamil Nadu, 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 Vellor.
  • 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 Vellor and Anaicut.
  • 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 Tamil Nadu and the rest of India, which is why the IFSC Code ensures that transactions meant for Central Bank Of India in Poigai doesn't end up at another location.

Format of the IFSC Code CBIN0284974

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 Poigai in Vellor.

For example, the IFSC Code CBIN0284974 of Central Bank Of India for the Poigai branch includes these elements, identifying the bank and the branch location in Vellor and Tamil Nadu accurately.

How to Find IFSC Code for Central Bank Of India?

If you are trying to find the IFSC Code CBIN0284974 of Central Bank Of India for its Poigai branch located in Vellor, 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

You can easily find the IFSC and MICR codes because most banks, including Central Bank Of India branches in Vellor and Anaicut, print them 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 Poigai or Vellor to get the exact IFSC Code CBIN0284974.

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 Vellor, you'll get the correct details.

How to Use IFSC Code CBIN0284974 for Online Transfers?

Once you have the IFSC Code CBIN0284974 for the Poigai branch of Central Bank Of India in Vellor, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0284974. 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 CBIN0284974.

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 Poigai in Vellor, 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 Poigai, 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 Vellor 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 Poigai, Vellor?

The IFSC Code is CBIN0284974.

Is the IFSC Code CBIN0284974 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 Poigai?

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 Poigai branch?

The address of the branch is Door No.2 148 1C, Bangalore National Highway,Poigai 632114. located in Vellor, Anaicut, Tamil Nadu.

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.