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 Shiral Chinchondi branch in Ahmadnagar, Shiral Chinchondi, Maharashtra, 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 Ahmadnagar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CBIN0282295. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Central Bank Of India, Shiral Chinchondi, Ahmadnagar
The table below shows the main details of the IFSC Code CBIN0282295 for the Central Bank Of India branch in Ahmadnagar, which falls under the Shiral Chinchondi district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0282295 |
| Branch | Shiral Chinchondi |
| City | Ahmadnagar |
| District | Shiral Chinchondi |
| State | Maharashtra |
| Address | Grampanchayat Building, At & Post Shiral Chinchondi, Taluka - Pathardi, Dist- Ahmednagar, Maharashtra-414106 |
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 CBIN0282295 for the Shiral Chinchondi 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Central Bank Of India located in Shiral Chinchondi, Ahmadnagar, Maharashtra, is provided a unique IFSC like CBIN0282295 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 Ahmadnagar.
- 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 Ahmadnagar and Shiral Chinchondi.
- 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 Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Central Bank Of India in Shiral Chinchondi do not get misguided to another person.
Format of the IFSC Code CBIN0282295
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 Shiral Chinchondi in Ahmadnagar.
For example, the IFSC Code CBIN0282295 of Central Bank Of India for the Shiral Chinchondi branch includes these elements, identifying the bank and the branch location in Ahmadnagar and Maharashtra accurately.
How to Find IFSC Code for Central Bank Of India?
To find the IFSC Code CBIN0282295 of Central Bank Of India for its Shiral Chinchondi branch located in Ahmadnagar, the following methods can help you out:
Cheque Book
The cheque book issued by Central Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Central Bank Of India branches in Ahmadnagar and Shiral Chinchondi, 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 go to the branch locator section. Then search for Shiral Chinchondi or Ahmadnagar to find the exact IFSC Code CBIN0282295.
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 maintains an updated database of all IFSC codes. Searching for Central Bank Of India and Ahmadnagar will provide accurate information.
How to Use IFSC Code CBIN0282295 for Online Transfers?
Once you have the IFSC Code CBIN0282295 for the Shiral Chinchondi 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 CBIN0282295. 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 CBIN0282295.
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 Shiral Chinchondi 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 Shiral Chinchondi, 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 Ahmadnagar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Shiral Chinchondi Ahmadnagar branch is CBIN0282295.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Grampanchayat Building, At & Post Shiral Chinchondi, Taluka - Pathardi, Dist- Ahmednagar, Maharashtra-414106.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.