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 Satellite, Ahmedabad 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 CBIN0283744. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Central Bank Of India, Satellite, Ahmedabad, Ahmadabad

The table below shows the main details of the IFSC Code CBIN0283744 for the Central Bank Of India branch in Ahmadabad, which falls under the Ahmedabad district in Gujarat.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0283744
Branch Satellite, Ahmedabad
City Ahmadabad
District Ahmedabad
State Gujarat
Address A- Upper Level, Kalatirth Complex, Nr Prernatirth Jain Temple, Satellite , Ahmedabad, Dist-Ahmedabad, Gujarat

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 CBIN0283744 for the Satellite, Ahmedabad 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 Satellite, Ahmedabad, Ahmadabad, Gujarat, is provided with a unique IFSC like CBIN0283744 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 Satellite, Ahmedabad do not get mixed with another location.

Format of the IFSC Code CBIN0283744

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): 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 Satellite, Ahmedabad in Ahmadabad.

For example, the IFSC Code CBIN0283744 of Central Bank Of India for the Satellite, Ahmedabad 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 trying to find the IFSC Code CBIN0283744 of Central Bank Of India for its Satellite, Ahmedabad branch located in Ahmadabad, the following methods can help:

Cheque Book

The cheque books that are issued by Central Bank Of India include the IFSC Code which is printed on each cheque and 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 find the branch locator section. Search for Satellite, Ahmedabad or Ahmadabad to get the exact IFSC Code CBIN0283744.

Mobile Banking App

If you use Central Bank Of India's mobile app, you can easily 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 to help you in searching for Central Bank Of India and Ahmadabad that will provide accurate information.

How to Use IFSC Code CBIN0283744 for Online Transfers?

Once you have the IFSC Code CBIN0283744 for the Satellite, Ahmedabad 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 CBIN0283744. 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 CBIN0283744.

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 Satellite, Ahmedabad 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 Satellite, Ahmedabad, 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 Satellite, Ahmedabad Ahmadabad?

The IFSC Code of the Satellite, Ahmedabad Ahmadabad branch is CBIN0283744.

Is IFSC Code CBIN0283744 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Central Bank Of India Satellite, Ahmedabad branch?

The branch is located at A- Upper Level, Kalatirth Complex, Nr Prernatirth Jain Temple, Satellite , Ahmedabad, Dist-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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