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 Shivajinagar Amravati branch in Amravati, Amravati, 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 Amravati or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CBIN0283126. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Central Bank Of India, Shivajinagar Amravati, Amravati
Here are the key points that are associated with the IFSC Code CBIN0283126 of Central Bank Of India for its branch located in Amravati, within the district of Amravati in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0283126 |
| Branch | Shivajinagar Amravati |
| City | Amravati |
| District | Amravati |
| State | Maharashtra |
| Address | Premier Plaza', Opp. Govt. Polytechnic, V.M.V. Road, Amravati,Dist-Amravati,M'Rashtra-444603 |
These details are important not only for users using online banking but also for businesses and individuals who use Central Bank Of India in Amravati for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CBIN0283126 for the Shivajinagar Amravati branch of Central Bank Of India is vital.
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 CBIN0283126 is given to every bank branch, including Central Bank Of India located in Shivajinagar Amravati, Amravati, 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 Amravati.
- 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 Amravati and Amravati.
- 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 Shivajinagar Amravati doesn't end up at another location.
Format of the IFSC Code CBIN0283126
The format of the IFSC Code for banks, including Central Bank Of India, has 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 Shivajinagar Amravati in Amravati.
For example, the IFSC Code CBIN0283126 of Central Bank Of India for the Shivajinagar Amravati branch includes these elements, identifying the bank and the branch location in Amravati and Maharashtra correctly.
How to Find IFSC Code for Central Bank Of India?
If you are looking for the IFSC Code CBIN0283126 of Central Bank Of India for its Shivajinagar Amravati branch located in Amravati, the following methods can help:
Cheque Book
The cheque book that is issued by Central Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Central Bank Of India branches in Amravati and Amravati, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Central Bank Of India and look for the branch locator section, then search for Shivajinagar Amravati or Amravati to get the exact IFSC Code CBIN0283126.
Mobile Banking App
If you use Central Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Central Bank Of India and Amravati, then it will provide you proper information.
How to Use IFSC Code CBIN0283126 for Online Transfers?
Once you have the IFSC Code CBIN0283126 for the Shivajinagar Amravati branch of Central Bank Of India in Amravati, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CBIN0283126. The transfer is completed in batches instead of instantly. It is useful for both personal and business payments.
RTGS
Used for high-value payments above ₹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 CBIN0283126.
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 Shivajinagar Amravati in Amravati, 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 Shivajinagar Amravati, 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 Amravati to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CBIN0283126.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Premier Plaza', Opp. Govt. Polytechnic, V.M.V. Road, Amravati,Dist-Amravati,M'Rashtra-444603 located in Amravati, Amravati, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.