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 Fulumri branch in Washim, Fulumri, Maharashtra, 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 Washim or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CBIN0281995. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Central Bank Of India, Fulumri, Washim

Below in the table are the key details related to IFSC Code CBIN0281995 of Central Bank Of India for its branch located in Washim, within the district of Fulumri in the state of Maharashtra.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0281995
Branch Fulumri
City Washim
District Fulumri
State Maharashtra
Address At & Post Fulumri, Taluka - Mangrulpir, Dist-Washim, Maharashtra-444406

These details are important not only for users using online banking but also for businesses and individuals who use Central Bank Of India in Washim for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CBIN0281995 for the Fulumri branch of Central Bank Of India is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Central Bank Of India located in Fulumri, Washim, Maharashtra, is provided a unique IFSC like CBIN0281995 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Central Bank Of India branch in Washim.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Washim and Fulumri.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Central Bank Of India in Fulumri do not get misguided to another person.

Format of the IFSC Code CBIN0281995

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 Fulumri in Washim.

For example, the IFSC Code CBIN0281995 of Central Bank Of India for the Fulumri branch includes these elements, identifying the bank and the branch location in Washim and Maharashtra accurately.

How to Find IFSC Code for Central Bank Of India?

If you are trying to find the IFSC Code CBIN0281995 of Central Bank Of India for its Fulumri branch located in Washim, 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 Washim and Fulumri, 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 Fulumri or Washim to get the exact IFSC Code CBIN0281995.

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 Washim, you'll get the correct details.

How to Use IFSC Code CBIN0281995 for Online Transfers?

Once you have the IFSC Code CBIN0281995 for the Fulumri branch of Central Bank Of India in Washim, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0281995. 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 CBIN0281995.

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 Fulumri in Washim, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Central Bank Of India in Fulumri, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Washim manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Central Bank Of India in Fulumri, Washim?

The IFSC Code is CBIN0281995.

Is the IFSC Code CBIN0281995 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 Fulumri?

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 Fulumri branch?

The address of the branch is At & Post Fulumri, Taluka - Mangrulpir, Dist-Washim, Maharashtra-444406 located in Washim, Fulumri, Maharashtra.

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.