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Verified Branch

Central Bank of India

PALASA Branch, SRIKAKULAM

IFSC Code
CBIN0283361
Required for NEFT, RTGS, IMPS money transfers
MICR Code
532016102
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

CBIN Bank Code (1-4)
0 Control Zero (5th)
283361 Branch Code (6-11)

Complete Branch Details

Full Address DOOR NO.2 14 99,OLD BUS STAND,NEAR INDIRA CHOWK PALASA 532221
State ANDHRA PRADESH
District / City PALASA
Centre / Region PALASA
Contact / Helpline +912222612008
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Electronic Transfer Capabilities & Limits

NEFT

Available 24x7

Half-hourly batch clearance

RTGS

Min. ₹2 Lakh

Real-time gross settlement

IMPS

Instant Transfer

Up to ₹5 Lakh limit

UPI / QR

1-Tap VPA

GPay, PhonePe, Paytm

How to Transfer Money to this Branch

  1. Log in to your mobile banking app or Internet Banking portal (SBI, HDFC, ICICI, etc.).
  2. Navigate to Fund Transfer → Add Beneficiary / Payee.
  3. Enter the recipient's Account Number and paste IFSC code CBIN0283361.
  4. Confirm bank name displays as Central Bank of India and branch as PALASA.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (CBIN0283361)

What is the IFSC code of Central Bank of India PALASA branch? ↓

The verified 11-digit IFSC code is CBIN0283361. This unique alphanumeric code is used for routing electronic fund transfers via NEFT, RTGS, IMPS, and clearing networks across India.

Can I transfer money on Sundays and bank holidays using this IFSC code? ↓

Yes! Under Reserve Bank of India (RBI) directives, NEFT, RTGS, IMPS, and UPI operate 24x7x365, including Sundays, second/fourth Saturdays, and public holidays. Electronic transfers will be processed automatically without branch intervention.

What is the MICR code of Central Bank of India PALASA? ↓

The 9-digit Magnetic Ink Character Recognition (MICR) code is 532016102. It is printed on cheque leaves for high-speed automated sorting at RBI clearing houses.

Where is the branch located? ↓

The official branch address is DOOR NO.2 14 99,OLD BUS STAND,NEAR INDIRA CHOWK PALASA 532221, located in PALASA district, ANDHRA PRADESH.

Other Central Bank of India Branches in PALASA

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MEERUT CITY Branch

MEERUT, UTTAR PRADESH

 CBIN0282201

PALASAUR Branch

AMRITSAR, PUNJAB

 CBIN0282693

UDGIR ,TOGARI Branch

LATUR, MAHARASHTRA

 CBIN0284908

DHARMAVARAM Branch

ANANTAPUR, ANDHRA PRADESH

 CBIN0283360

SRIKAKULAM Branch

SRIKAKULAM, ANDHRA PRADESH

 CBIN0284689

PONDURU Branch

SRIKAKULAM, ANDHRA PRADESH

 CBIN0283364

RAJAM Branch

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