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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Central Bank Of India for its Chikalthana branch in Aurangabad, Chikhalthana, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Central Bank Of India located in Aurangabad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CBIN0281498. 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, Chikalthana, Aurangabad
The table below shows the main details of the IFSC Code CBIN0281498 for the Central Bank Of India branch in Aurangabad, which falls under the Chikhalthana district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0281498 |
| Branch | Chikalthana |
| City | Aurangabad |
| District | Chikhalthana |
| State | Maharashtra |
| Address | Chikhalthana Branch Cidco-N-3,297,Opp.Hotel Ajanta, Ambassador,Dist-Aurangabad. 431 001 |
These details are essential not only for online banking users but also for businesses and individuals who use Central Bank Of India in Aurangabad for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0281498 for the Chikalthana branch of Central Bank Of India plays 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 Chikalthana, Aurangabad, Maharashtra, are allotted a unique IFSC like CBIN0281498 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Aurangabad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Aurangabad and Chikhalthana.
- 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 Chikalthana reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code CBIN0281498
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 Chikalthana in Aurangabad.
For example, the IFSC Code CBIN0281498 of Central Bank Of India for the Chikalthana branch has these elements, identifying the bank and the branch location in Aurangabad and Maharashtra correctly.
How to Find IFSC Code for Central Bank Of India?
If you are trying to find the IFSC Code CBIN0281498 of Central Bank Of India for its Chikalthana branch located in Aurangabad, the following methods can help:
Cheque Book
The cheque books that are issued by Central Bank Of India include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Central Bank Of India branches in Aurangabad and Chikhalthana, 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 find the branch locator section. Search for Chikalthana or Aurangabad to get the exact IFSC Code CBIN0281498.
Mobile Banking App
If you use Central Bank Of India's mobile app, you can easily 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 to help you in searching for Central Bank Of India and Aurangabad that will provide accurate information.
How to Use IFSC Code CBIN0281498 for Online Transfers?
Once you have the IFSC Code CBIN0281498 for the Chikalthana branch of Central Bank Of India in Aurangabad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CBIN0281498. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 CBIN0281498.
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 Chikalthana in Aurangabad, 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 Chikalthana, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Aurangabad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CBIN0281498.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Chikhalthana Branch Cidco-N-3,297,Opp.Hotel Ajanta, Ambassador,Dist-Aurangabad. 431 001 located in Aurangabad, Chikhalthana, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.