The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Central Bank Of India for its Pathardi branch in Ahmadnagar, Pathardi, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Central Bank Of India located in Ahmadnagar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CBIN0281934. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Central Bank Of India, Pathardi, Ahmadnagar
Here are some of the key details that come with the IFSC Code CBIN0281934 of Central Bank Of India for its branch located in Ahmadnagar, within the district of Pathardi in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0281934 |
| Branch | Pathardi |
| City | Ahmadnagar |
| District | Pathardi |
| State | Maharashtra |
| Address | Koradgaon Road,Pathardi,Dist-Ahmednagar,Maharashtra-414102 |
These details are essential not only for online banking users but also for businesses and individuals who use Central Bank Of India in Ahmadnagar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0281934 for the Pathardi 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 that is provided by the Reserve Bank of India. A unique IFSC like CBIN0281934 is given to every bank branch, including Central Bank Of India located in Pathardi, Ahmadnagar, Maharashtra, to make sure that online payments reach the right place.
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 kind of confusion between multiple branches of the same bank across different places like Ahmadnagar and Pathardi.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Central Bank Of India in Pathardi doesn't end up at another location.
Format of the IFSC Code CBIN0281934
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 Pathardi in Ahmadnagar.
For example, the IFSC Code CBIN0281934 of Central Bank Of India for the Pathardi 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 CBIN0281934 of Central Bank Of India for its Pathardi branch located in Ahmadnagar, 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 Ahmadnagar and Pathardi, 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 Pathardi or Ahmadnagar to get the exact IFSC Code CBIN0281934.
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 Ahmadnagar, you'll get the correct details.
How to Use IFSC Code CBIN0281934 for Online Transfers?
Once you have the IFSC Code CBIN0281934 for the Pathardi branch of Central Bank Of India in Ahmadnagar, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CBIN0281934. 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 CBIN0281934.
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 Pathardi in Ahmadnagar, 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 Pathardi, 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)
The IFSC Code is CBIN0281934.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Koradgaon Road,Pathardi,Dist-Ahmednagar,Maharashtra-414102 located in Ahmadnagar, Pathardi, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.