There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Central Bank Of India for its Ahmedabad Stock Exchange Branch branch in Ahmadabad, Ahmedabad, Gujarat, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Central Bank Of India situated in Ahmadabad or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code CBIN0283183. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Central Bank Of India, Ahmedabad Stock Exchange Branch, Ahmadabad
Here are some of the key details that come with the IFSC Code CBIN0283183 of Central Bank Of India for its branch located in Ahmadabad, within the district of Ahmedabad in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0283183 |
| Branch | Ahmedabad Stock Exchange Branch |
| City | Ahmadabad |
| District | Ahmedabad |
| State | Gujarat |
| Address | Kamdhenu Complex, Near Panjara Pole, Ambawadi, Ahmedabad 380 015 |
These details are essential not only for online banking users but also for businesses and individuals who use Central Bank Of India in Ahmadabad for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0283183 for the Ahmedabad Stock Exchange Branch branch of Central Bank Of India plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Central Bank Of India located in Ahmedabad Stock Exchange Branch, Ahmadabad, Gujarat, is provided with a unique IFSC like CBIN0283183 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Central Bank Of India branch in Ahmadabad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Ahmadabad and Ahmedabad.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Gujarat and the rest of India and the IFSC Code ensures that transactions meant for Central Bank Of India in Ahmedabad Stock Exchange Branch do not get mixed with another location.
Format of the IFSC Code CBIN0283183
The format of the IFSC Code for banks, including Central Bank Of India, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Central Bank Of India, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Ahmedabad Stock Exchange Branch in Ahmadabad.
For example, the IFSC Code CBIN0283183 of Central Bank Of India for the Ahmedabad Stock Exchange Branch branch includes these elements, identifying the bank and the branch location in Ahmadabad and Gujarat correctly.
How to Find IFSC Code for Central Bank Of India?
To find the IFSC Code CBIN0283183 of Central Bank Of India for its Ahmedabad Stock Exchange Branch branch located in Ahmadabad, the following methods can help you out:
Cheque Book
The cheque book issued by Central Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Central Bank Of India branches in Ahmadabad and Ahmedabad, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Central Bank Of India and go to the branch locator section. Then search for Ahmedabad Stock Exchange Branch or Ahmadabad to find the exact IFSC Code CBIN0283183.
Mobile Banking App
If you use Central Bank Of India's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for Central Bank Of India and Ahmadabad will provide accurate information.
How to Use IFSC Code CBIN0283183 for Online Transfers?
Once you have the IFSC Code CBIN0283183 for the Ahmedabad Stock Exchange Branch branch of Central Bank Of India in Ahmadabad, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CBIN0283183. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Central Bank Of India IFSC Code CBIN0283183.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Central Bank Of India Ahmedabad Stock Exchange Branch in Ahmadabad, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Central Bank Of India in Ahmedabad Stock Exchange Branch, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Central Bank Of India website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Ahmadabad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Ahmedabad Stock Exchange Branch Ahmadabad branch is CBIN0283183.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Kamdhenu Complex, Near Panjara Pole, Ambawadi, Ahmedabad 380 015.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.