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 Ganeshnagar branch in Ahmadnagar, Ganeshnagar, Maharashtra, 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 Ahmadnagar or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code CBIN0280675. 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, Ganeshnagar, Ahmadnagar

The table below shows the main details of the IFSC Code CBIN0280675 for the Central Bank Of India branch in Ahmadnagar, which falls under the Ganeshnagar district in Maharashtra.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0280675
Branch Ganeshnagar
City Ahmadnagar
District Ganeshnagar
State Maharashtra
Address P.O. Ranjangaon Khurd, Shri Ganesh Sahakari Karkhana Building, Ganeshnagar, Taluka - Rahata, Dist- Ahmednagar, Maharashtra-413719

These details help users in online banking and for businesses and individuals who use Central Bank Of India in Ahmadnagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0280675 for the Ganeshnagar branch of Central Bank Of India has a very 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 Ganeshnagar, Ahmadnagar, Maharashtra, is provided with a unique IFSC like CBIN0280675 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 Ahmadnagar.
  • 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 Ahmadnagar and Ganeshnagar.
  • 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 Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Central Bank Of India in Ganeshnagar do not get mixed with another location.

Format of the IFSC Code CBIN0280675

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 Ganeshnagar in Ahmadnagar.

For example, the IFSC Code CBIN0280675 of Central Bank Of India for the Ganeshnagar branch has these elements, identifying the bank and the branch location in Ahmadnagar and Maharashtra correctly.

How to Find IFSC Code for Central Bank Of India?

If you are trying to find the IFSC Code CBIN0280675 of Central Bank Of India for its Ganeshnagar branch located in Ahmadnagar, 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 Ahmadnagar and Ganeshnagar, 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 Ganeshnagar or Ahmadnagar to get the exact IFSC Code CBIN0280675.

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 Ahmadnagar that will provide accurate information.

How to Use IFSC Code CBIN0280675 for Online Transfers?

Once you have the IFSC Code CBIN0280675 for the Ganeshnagar branch of Central Bank Of India in Ahmadnagar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CBIN0280675. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 CBIN0280675.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Central Bank Of India Ganeshnagar in Ahmadnagar, your payment can get delayed or might not go through at all.

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 Ganeshnagar, here are some ways that you can get 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.

If you know both IFSC and MICR codes, then it can help account holders in Ahmadnagar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Central Bank Of India in Ganeshnagar, Ahmadnagar?

The IFSC Code is CBIN0280675.

Is the IFSC Code CBIN0280675 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 Ganeshnagar?

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 Ganeshnagar branch?

The address of the branch is P.O. Ranjangaon Khurd, Shri Ganesh Sahakari Karkhana Building, Ganeshnagar, Taluka - Rahata, Dist- Ahmednagar, Maharashtra-413719 located in Ahmadnagar, Ganeshnagar, Maharashtra.

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.