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 Demol branch in Anand, Demol, Gujarat, 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 Anand or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code CBIN0281534. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Central Bank Of India, Demol, Anand

Below in the table are the key details related to IFSC Code CBIN0281534 of Central Bank Of India for its branch located in Anand, within the district of Demol in the state of Gujarat.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0281534
Branch Demol
City Anand
District Demol
State Gujarat
Address Demol, Taluka - Petlad,Dist-Anand,Gujarat-387710

These details are important not only for users using online banking but also for businesses and individuals who use Central Bank Of India in Anand for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CBIN0281534 for the Demol branch of Central Bank Of India is vital.

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 Demol, Anand, Gujarat, is provided a unique IFSC like CBIN0281534 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 Anand.
  • 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 Anand and Demol.
  • 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 Gujarat and the rest of India, the IFSC Code ensures that transactions meant for Central Bank Of India in Demol do not get misguided to another person.

Format of the IFSC Code CBIN0281534

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 Demol in Anand.

For example, the IFSC Code CBIN0281534 of Central Bank Of India for the Demol branch has these elements, identifying the bank and the branch location in Anand and Gujarat correctly.

How to Find IFSC Code for Central Bank Of India?

If you are trying to find the IFSC Code CBIN0281534 of Central Bank Of India for its Demol branch located in Anand, 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

Most banks, including Central Bank Of India branches in Anand and Demol, print the IFSC and MICR codes 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 Demol or Anand to get the exact IFSC Code CBIN0281534.

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 Anand, you'll get the correct details.

How to Use IFSC Code CBIN0281534 for Online Transfers?

Once you have the IFSC Code CBIN0281534 for the Demol branch of Central Bank Of India in Anand, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code CBIN0281534. 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 CBIN0281534.

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 Demol in Anand, your payment can get delayed or might not go through at all.

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 Demol, 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 Anand manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Central Bank Of India in Demol, Anand?

The IFSC Code is CBIN0281534.

Is the IFSC Code CBIN0281534 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Central Bank Of India Demol?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Demol branch?

The address of the branch is Demol, Taluka - Petlad,Dist-Anand,Gujarat-387710 located in Anand, Demol, Gujarat.

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.