IFSC Code, MICR Codes for CENTRAL BANK OF INDIA in KERALA - KOTTAYAM - PALAI - PALAI

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


IFSC Code

CBIN0280956

MICR Code

NA

Branch

PALAI

Contact

22612008

Address

P B NO 4 PALAI-686 575

City

PALAI

District

KOTTAYAM

State

KERALA





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

CBIN0280956

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.