Central Bank of India PALASI IFSC Code, MICR Code, Contact No. - Araria, Bihar

Central Bank of India PALASI Branch IFSC Code, MICR Code (Araria, Bihar). IFSC code is used for NEFT, IMPS and RTGS Transactions.

IFSC Code, MICR Code, Contact No. of Central Bank of India PALASI - Araria, Bihar

IFSC Code:CBIN0281823
MICR Code:854016765
Branch Code:281823 (Last six characters of IFSC Code represent Branch code)
Address:AT & POST OFFICE PALASI, DIST- ARARIA, BIHAR-854332
Branch:PALASI
City:PALASI
District:Araria
State:Bihar
Contact No.:22-22612008

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Central Bank of India IFSC Code is CBIN0281823, MICR Code is 854016765, Branch Code is 281823 which is last six characters of IFSC Code, Branch name is PALASI located in AT & POST OFFICE PALASI, DIST- ARARIA, BIHAR-854332, PALASI, Araria, Bihar, Contact no. is 22-22612008. IFSC code is used for NEFT, IMPS and RTGS Transactions.

Other Central Bank of India Branches at Araria, Bihar

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What is IFSC Code?

IFSC code is an alphanumeric code stands for Indian Financial System Code, which is uniquely assigned to each bank branch for the main three payment and settlement systems in India:

  1. National Electronic Funds Transfer (NEFT)
  2. Real Time Gross Settlement (RTGS)
  3. Immediate Payment Service (IMPS)

IFSC code is represented by 11 digit character, the first 4 characters of the IFSC code represent the name of the bank, the fifth character is 0 reserved for future use, the last 6 numbers represent the branch code of the bank. The very common use of the IFSC Code is to transfer fund using Internet Banking.


What is MICR Code?

MICR code is short for Magnetic Ink Character Recognition Code is a 9-digit code that identifies the city, bank, and branch, which is found at the bottom of the cheque. With a special machine, MICR codes help faster processing of cheques. MICR code is consists of 3 parts:

  1. The first 3 digits represent the city code, this code is aligned with the PIN code we use for a postal address in India.
  2. The next 3 digits represent the bank code.
  3. The last 3 digits represent the branch code.