IFSC Code, MICR Codes for CENTRAL BANK OF INDIA in MADHYA PRADESH - RATLAM - RAOTI - RAOTI

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


IFSC Code

CBIN0284787

MICR Code

NA

Branch

RAOTI

Contact

22612008

Address

VILLAGE- RAOTI TEHSIL-RAOTI INFRONT OF BUS STAND PIN-457001

City

RAOTI

District

RATLAM

State

MADHYA PRADESH





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

CBIN0284787

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.