Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Central Bank Of India for its Shirdi branch in Ahmadnagar, Shirdi, or Maharashtra, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Central Bank Of India located in Ahmadnagar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CBIN0281035. You should definitely 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, Shirdi, Ahmadnagar
Below in the table are the key details related to IFSC Code CBIN0281035 of Central Bank Of India for its branch located in Ahmadnagar, within the district of Shirdi in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0281035 |
| Branch | Shirdi |
| City | Ahmadnagar |
| District | Shirdi |
| State | Maharashtra |
| Address | Shirdi Branch Saibaba Tourist Hotel Pvt.Ltd.Bldg, Shirdi, Tal-Kopargaondist-Ahmednagar 423 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Central Bank Of India in Ahmadnagar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0281035 for the Shirdi branch of Central Bank Of India has 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, along with Central Bank Of India located in Shirdi, Ahmadnagar, Maharashtra, are allotted a unique IFSC like CBIN0281035 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Ahmadnagar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Ahmadnagar and Shirdi.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Central Bank Of India in Shirdi reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code CBIN0281035
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 Shirdi in Ahmadnagar.
For example, the IFSC Code CBIN0281035 of Central Bank Of India for the Shirdi 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?
If you are trying to find the IFSC Code CBIN0281035 of Central Bank Of India for its Shirdi 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 Shirdi, 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 Shirdi or Ahmadnagar to get the exact IFSC Code CBIN0281035.
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 CBIN0281035 for Online Transfers?
Once you have the IFSC Code CBIN0281035 for the Shirdi 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 CBIN0281035. 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 CBIN0281035.
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 Shirdi 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 Shirdi, 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 is CBIN0281035.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Shirdi Branch Saibaba Tourist Hotel Pvt.Ltd.Bldg, Shirdi, Tal-Kopargaondist-Ahmednagar 423 located in Ahmadnagar, Shirdi, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.