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

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


IFSC Code

CBIN0281436

MICR Code

NA

Branch

RAILWAY COLONY RATLAM

Contact

22612008

Address

14 RETIRED COLONY RAILWAY COLONY

City

RATLAM

District

RATLAM

State

MADHYA PRADESH





What is IFSC Code of CENTRAL BANK OF INDIA situated at RAILWAY COLONY RATLAM- RTGS-HO?
IFSC Code of CENTRAL BANK OF INDIA situated at RAILWAY COLONY RATLAM - RTGS-HO is

CBIN0281436

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.