IFSC Code, MICR Codes for CENTRAL BANK OF INDIA in PUNJAB - SANGRUR - BARNALA - BARNALA

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


IFSC Code

CBIN0280324

MICR Code

NA

Branch

BARNALA

Contact

22612008

Address

SADAR BAZAR BARNALA PUNJAB 148101

City

BARNALA

District

SANGRUR

State

PUNJAB





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

CBIN0280324

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.