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 Sidhhatek Ahmednagar branch in Ahmadnagar, Sidhhatek, 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 CBIN0282397. 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, Sidhhatek Ahmednagar, Ahmadnagar

Here are the main details that are associated with the IFSC Code CBIN0282397 of Central Bank Of India for its branch located in Ahmadnagar, within the district of Sidhhatek in the state of Maharashtra.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0282397
Branch Sidhhatek Ahmednagar
City Ahmadnagar
District Sidhhatek
State Maharashtra
Address At Siddhatek,P.O. Jabalpur,The Karjat,Dist Ahmednagar,Maharashtra 414403

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 CBIN0282397 for the Sidhhatek Ahmednagar 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, along with Central Bank Of India located in Sidhhatek Ahmednagar, Ahmadnagar, Maharashtra, are given a unique IFSC like CBIN0282397 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 any kind of confusion between different branches of the same bank in places like Ahmadnagar and Sidhhatek.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Central Bank Of India in Sidhhatek Ahmednagar goes to the correct branch. This is important because Central Bank Of India has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code CBIN0282397

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 Sidhhatek Ahmednagar in Ahmadnagar.

For example, the IFSC Code CBIN0282397 of Central Bank Of India for the Sidhhatek Ahmednagar 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 CBIN0282397 of Central Bank Of India for its Sidhhatek Ahmednagar 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 Sidhhatek, 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 Sidhhatek Ahmednagar or Ahmadnagar to get the exact IFSC Code CBIN0282397.

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 CBIN0282397 for Online Transfers?

Once you have the IFSC Code CBIN0282397 for the Sidhhatek Ahmednagar 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 CBIN0282397. 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 CBIN0282397.

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 Sidhhatek Ahmednagar in Ahmadnagar, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Central Bank Of India in Sidhhatek Ahmednagar, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Ahmadnagar manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Central Bank Of India Sidhhatek Ahmednagar Ahmadnagar?

The IFSC Code of the Sidhhatek Ahmednagar Ahmadnagar branch is CBIN0282397.

Is IFSC Code CBIN0282397 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 Sidhhatek Ahmednagar branch?

The branch is located at At Siddhatek,P.O. Jabalpur,The Karjat,Dist Ahmednagar,Maharashtra 414403.

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.