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Central Bank of India

BHADANA BRANCH

+912222612008

IFSC CODE
CBIN0283012
MICR Code 458016507
Branch Code 283012
City / District BHADANA
State MADHYA PRADESH
Office Address P.O. BHADANA,TEHSIL MANASA,DIST MANDSAUR,MADHYA PRADESH 458118
Phone +912222612008
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Understanding IFSC Code: The Digital DNA of Central Bank of India

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the BHADANA branch of Central Bank of India, the code CBIN0283012 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the CBIN0283012 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"CBIN" represents Central Bank of India

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for BHADANA

Payment Systems Supported by CBIN0283012

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—458016507—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Central Bank of India in BHADANA typically follows the RBI holiday calendar. Digital transfers via CBIN0283012 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While CBIN0283012 is the valid code for BHADANA at BHADANA, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

  • • Central Bank of India Branch List
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Financial Tools

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Branch Context

  • • BHADANA Contact
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  • • MADHYA PRADESH Banking Circle

Platform Links

  • • Anand Design DevBox
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  • • IFSC Finder v2.0

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