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 Satyawada branch in West Godavari, Satyavada, Andhra Pradesh, 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 West Godavari or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code CBIN0283139. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Central Bank Of India, Satyawada, West Godavari

Here are the key points that are associated with the IFSC Code CBIN0283139 of Central Bank Of India for its branch located in West Godavari, within the district of Satyavada in the state of Andhra Pradesh.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0283139
Branch Satyawada
City West Godavari
District Satyavada
State Andhra Pradesh
Address Mandapaka (East), Vunarajavaram, Mandalam,Dist-West Godavari,Andhra Pradesh-534224Tel No -08819-234460.

These details helps users in online banking and for businesses and individuals who use Central Bank Of India in West Godavari for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0283139 for the Satyawada 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 CBIN0283139 is given to every bank branch, including Central Bank Of India located in Satyawada, West Godavari, Andhra Pradesh, 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 West Godavari.
  • 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 West Godavari and Satyavada.
  • 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 Andhra Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Central Bank Of India in Satyawada doesn't end up at another location.

Format of the IFSC Code CBIN0283139

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 Satyawada in West Godavari.

For example, the IFSC Code CBIN0283139 of Central Bank Of India for the Satyawada branch includes these elements, identifying the bank and the branch location in West Godavari and Andhra Pradesh correctly.

How to Find IFSC Code for Central Bank Of India?

If you are trying to find the IFSC Code CBIN0283139 of Central Bank Of India for its Satyawada branch located in West Godavari, 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 West Godavari and Satyavada, 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 Satyawada or West Godavari to get the exact IFSC Code CBIN0283139.

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 West Godavari, you'll get the correct details.

How to Use IFSC Code CBIN0283139 for Online Transfers?

Once you have the IFSC Code CBIN0283139 for the Satyawada branch of Central Bank Of India in West Godavari, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0283139. 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 CBIN0283139.

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 Satyawada in West Godavari may 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 Satyawada, 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 West Godavari manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Central Bank Of India in Satyawada, West Godavari?

The IFSC Code is CBIN0283139.

Is the IFSC Code CBIN0283139 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

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

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

What is the full address of the Satyawada branch?

The address of the branch is Mandapaka (East), Vunarajavaram, Mandalam,Dist-West Godavari,Andhra Pradesh-534224Tel No -08819-234460. located in West Godavari, Satyavada, Andhra Pradesh.

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.