Central Bank of India, PANNA, PANNA Branch IFSC Code

The IFSC code CBIN0282158 is assigned to Central Bank of India, PANNA located in PANNA, MADHYA PRADESH. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

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Bank Details

Bank Name Central Bank of India
IFSC Code CBIN0282158
MICR Code 488016001
Branch Code 282158
Branch PANNA
City PANNA
District PANNA
State MADHYA PRADESH
Address BAJPAI BUILDING, KISHOR BHAG ROAD, OPP. BALDEV MANDIR, PANNA, DIST- PANNA, MADHYA PRADESH-488001 Maps
Contact +912222612008

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

CBIN Bank Code
0 Reserved (0)
282158 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

488 City Code
016 Bank Code
001 Branch Code

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code CBIN0282158 is the Indian Financial System Code assigned to Central Bank of India, PANNA branch in PANNA, MADHYA PRADESH. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in PANNA, PANNA, MADHYA PRADESH. The full address is: BAJPAI BUILDING, KISHOR BHAG ROAD, OPP. BALDEV MANDIR, PANNA, DIST- PANNA, MADHYA PRADESH-488001

The branch code is 282158. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of Central Bank of India.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

The MICR (Magnetic Ink Character Recognition) code for this branch is 488016001. MICR code is a 9-digit code used for processing cheques and is printed on cheque leaves.

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: CBIN0282158
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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