Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Central Bank Of India for its Ashram Road branch in Ahmadabad, Ahmedabad, or Gujarat, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Central Bank Of India located in Ahmadabad or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code CBIN0280541. You should definitely 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, Ashram Road, Ahmadabad

Here are the main details that are associated with the IFSC Code CBIN0280541 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 CBIN0280541
Branch Ashram Road
City Ahmadabad
District Ahmedabad
State Gujarat
Address Near Jain Temple, Usmanpura Char Rasta, Ashram Road, Ahmedabad 380 014

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 CBIN0280541 for the Ashram Road 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, along with Central Bank Of India located in Ashram Road, Ahmadabad, Gujarat, are given a unique IFSC like CBIN0280541 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Ahmadabad.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Ahmadabad and Ahmedabad.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Central Bank Of India in Ashram Road goes to the correct branch. This is important because Central Bank Of India has thousands of branches in Gujarat and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code CBIN0280541

The format of the IFSC Code for banks, including Central Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Central Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Ashram Road in Ahmadabad.

For example, the IFSC Code CBIN0280541 of Central Bank Of India for the Ashram Road branch includes these elements, identifying the bank and the branch location in Ahmadabad and Gujarat accurately.

How to Find IFSC Code for Central Bank Of India?

If you are looking for the IFSC Code CBIN0280541 of Central Bank Of India for its Ashram Road branch located in Ahmadabad, the following methods can help:

Cheque Book

The cheque book that is issued by Central Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the 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

You can visit the official website of Central Bank Of India and look for the branch locator section, then search for Ashram Road or Ahmadabad to get the exact IFSC Code CBIN0280541.

Mobile Banking App

If you use Central Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Central Bank Of India and Ahmadabad, then it will provide you proper information.

How to Use IFSC Code CBIN0280541 for Online Transfers?

If you have the IFSC Code CBIN0280541 for the Ashram Road branch of Central Bank Of India in Ahmadabad, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0280541. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Asks for the recipient's account details and Central Bank Of India IFSC Code CBIN0280541.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Central Bank Of India Ashram Road in Ahmadabad, it may 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 Ashram Road, 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)

What is the IFSC Code of Central Bank Of India in Ashram Road, Ahmadabad?

The IFSC Code is CBIN0280541.

Is the IFSC Code CBIN0280541 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Central Bank Of India Ashram Road?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Ashram Road branch?

The address of the branch is Near Jain Temple, Usmanpura Char Rasta, Ashram Road, Ahmedabad 380 014 located in Ahmadabad, Ahmedabad, Gujarat.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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