For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Central Bank Of India for its Mithakhali branch in Ahmadabad, Ahmedabad, Gujarat, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Central Bank Of India located in Ahmadabad or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code CBIN0280553. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Central Bank Of India, Mithakhali, Ahmadabad

Here are some of the key details that come with the IFSC Code CBIN0280553 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 CBIN0280553
Branch Mithakhali
City Ahmadabad
District Ahmedabad
State Gujarat
Address Opp. P.W.D. Quarters, Sardar Patel Nagar Road, Ellisbridge, Ahmedabad 380 006

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 CBIN0280553 for the Mithakhali 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Central Bank Of India located in Mithakhali, Ahmadabad, Gujarat, is provided a unique IFSC like CBIN0280553 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Central Bank Of India branch in Ahmadabad.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Ahmadabad and Ahmedabad.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Gujarat and the rest of India, the IFSC Code ensures that transactions meant for Central Bank Of India in Mithakhali do not get misguided to another person.

Format of the IFSC Code CBIN0280553

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

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In Central Bank Of India, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Mithakhali in Ahmadabad.

For example, the IFSC Code CBIN0280553 of Central Bank Of India for the Mithakhali branch has these elements, identifying the bank and the branch location in Ahmadabad and Gujarat correctly.

How to Find IFSC Code for Central Bank Of India?

If you are trying to find the IFSC Code CBIN0280553 of Central Bank Of India for its Mithakhali branch located in Ahmadabad, the following methods can help:

Cheque Book

The cheque book issued by Central Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Central Bank Of India branches in Ahmadabad and Ahmedabad, print them on the first page of your passbook.

Bank Website

Visit the official website of Central Bank Of India and navigate to the branch locator section. Search for Mithakhali or Ahmadabad to get the exact IFSC Code CBIN0280553.

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 keeps an updated list of all IFSC codes. If you search for Central Bank Of India and Ahmadabad, you'll get the correct details.

How to Use IFSC Code CBIN0280553 for Online Transfers?

Once you have the IFSC Code CBIN0280553 for the Mithakhali branch of Central Bank Of India in Ahmadabad, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0280553. Transfers are processed in batches. This is 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. Requires the recipient's account details and Central Bank Of India IFSC Code CBIN0280553.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Central Bank Of India Mithakhali in Ahmadabad 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 Mithakhali, 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 Mithakhali, Ahmadabad?

The IFSC Code is CBIN0280553.

Is the IFSC Code CBIN0280553 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Mithakhali branch?

The address of the branch is Opp. P.W.D. Quarters, Sardar Patel Nagar Road, Ellisbridge, Ahmedabad 380 006 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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