The IFSC code of Central Bank Of India, Patna Regional Office branch, is CBIN0281977 and the address is Block 'B', 2Nd Floor, Maurya Lok Complex, Dak Bangla Roaddist-Patna,Bihar-801001. The bank code of Central Bank Of India is CBIN. The branch code of Patna Regional Office is 281977. The IFSC code CBIN0281977 can be uesd for NEFT transfer, RTGS transfer and IMPS transfer. More details are given below.
| Bank | Central Bank Of India |
|---|---|
| Ifsc Code | CBIN0281977 |
| Micr Code | NON-MICR |
| Branch Name | Patna Regional Office |
| Branch Address | Block 'B', 2Nd Floor, Maurya Lok Complex, Dak Bangla Roaddist-Patna,Bihar-801001 |
| Contact | |
| City | |
| District | Patna |
| State | Bihar |
Full form of IFSC code is Indian Financial System Code.
When you want to make a payment to an account you would need to mention an IFSC code along with the account number. IFSC code is used to identify a branch of a bank. An account number along with an IFSC code is used uniquely identify an account. This combination can be then used to make online fund transfer through NEFT or RTGS.
On the other hand, NEFT transactions generally take upto 2 hours to settle.
MICR stands for Magnetic Ink Character Recognition. It appears on your cheque just after your cheque number. It is used to identify a particular branch of a bank in a city. It is a nine digit number of which first 3 digits stand for city, next 3 for bank and last 3 for branch.
The MICR code is used for clearing the cheques. A machine can read MICR code and quickly identify the exact branch where the account of the cheque issuers is held.
National Electronic Funds Transfer is used for transferring the funds online. The system is available from 8 in the morning till 7 in the evening and 1 in the afternoon. Any NEFT requests not cleared on a day are rolled over to the next day and cleared on next working day. If you want to transfer funds instantly use RTGS or IMPS instead. You can also use online wallets.