IFSC Code, MICR Codes for CENTRAL BANK OF INDIA in JHARKHAND - GARHWA - PALEKALAN - PALEKALAN

CENTRAL BANK OF INDIA RTGS HO Branch in PALEKALAN - Address, IFSC, MICR Code


IFSC Code

CBIN0282901

MICR Code

NA

Branch

PALEKALAN

Contact

22612008

Address

VILL. & P.O. PALEKALAN DIST- GARHWA JHARKHAND

City

PALEKALAN

District

GARHWA

State

JHARKHAND





What is IFSC Code of CENTRAL BANK OF INDIA situated at PALEKALAN- RTGS-HO?
IFSC Code of CENTRAL BANK OF INDIA situated at PALEKALAN - RTGS-HO is

CBIN0282901

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.