IFSC Code, MICR Codes for CENTRAL BANK OF INDIA in PUNJAB - LUDHIANA - RAIKOT - RAIKOT

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


IFSC Code

CBIN0284954

MICR Code

NA

Branch

RAIKOT

Contact

22637966

Address

PLOT NO B-1/0140 MALERKOTLA ROAD NEAR HARI SINGH MALWA CHOWK CITY-RAIKOT DIST-LUDHIANA PUNJAB-141109

City

RAIKOT

District

LUDHIANA

State

PUNJAB





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

CBIN0284954

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.