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IFSC Code of Central Bank Of India, Krantichowk, Aurangabad, Maharashtra — CBIN0280679

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 Krantichowk branch in Aurangabad, Aurangabad, 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 Aurangabad or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code CBIN0280679. 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, Krantichowk, Aurangabad

The table below shows the main details of the IFSC Code CBIN0280679 for the Central Bank Of India branch in Aurangabad, which falls under the Aurangabad district in Maharashtra.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0280679
Branch Krantichowk
City Aurangabad
District Aurangabad
State Maharashtra
Address Krantichowk Branch Khanna Bldhg,Adalat Road, Dist-Aurangabad.431 001.

These details help users in online banking and for businesses and individuals who use Central Bank Of India in Aurangabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0280679 for the Krantichowk 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Central Bank Of India located in Krantichowk, Aurangabad, Maharashtra, is provided a unique IFSC like CBIN0280679 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 Aurangabad.
  • 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 Aurangabad and Aurangabad.
  • 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 Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Central Bank Of India in Krantichowk do not get misguided to another person.

Format of the IFSC Code CBIN0280679

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 Krantichowk in Aurangabad.

For example, the IFSC Code CBIN0280679 of Central Bank Of India for the Krantichowk 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 looking for the IFSC Code CBIN0280679 of Central Bank Of India for its Krantichowk branch located in Aurangabad, 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 Aurangabad and Aurangabad, 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 Krantichowk or Aurangabad to get the exact IFSC Code CBIN0280679.

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 Aurangabad, then it will provide you proper information.

How to Use IFSC Code CBIN0280679 for Online Transfers?

If you have the IFSC Code CBIN0280679 for the Krantichowk branch of Central Bank Of India in Aurangabad, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0280679. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Central Bank Of India IFSC Code CBIN0280679.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Central Bank Of India Krantichowk in Aurangabad, it may 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 Krantichowk, 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)

What is the IFSC Code of Central Bank Of India in Krantichowk, Aurangabad?

The IFSC Code is CBIN0280679.

Is the IFSC Code CBIN0280679 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Krantichowk branch?

The address of the branch is Krantichowk Branch Khanna Bldhg,Adalat Road, Dist-Aurangabad.431 001. located in Aurangabad, Aurangabad, Maharashtra.

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.

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