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 Palasner branch in Dhule, Palasner, 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 Dhule or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CBIN0281953. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Central Bank Of India, Palasner, Dhule

The table below shows the main details of the IFSC Code CBIN0281953 for the Central Bank Of India branch in Dhule, which falls under the Palasner district in Maharashtra.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0281953
Branch Palasner
City Dhule
District Palasner
State Maharashtra
Address At & P.O. Palsner, Taluka - Shirpur, Dist- Dhule, Maharashtra-425405

These details are crucial, not just for online banking users but also for businesses and individuals who use Central Bank Of India in Dhule for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0281953 for the Palasner branch of Central Bank Of India has 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 Palasner, Dhule, Maharashtra, are allotted a unique IFSC like CBIN0281953 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Dhule.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Dhule and Palasner.
  • 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 Palasner reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code CBIN0281953

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 Palasner in Dhule.

For example, the IFSC Code CBIN0281953 of Central Bank Of India for the Palasner branch has these elements, identifying the bank and the branch location in Dhule and Maharashtra correctly.

How to Find IFSC Code for Central Bank Of India?

To find the IFSC Code CBIN0281953 of Central Bank Of India for its Palasner branch located in Dhule, the following methods can help you out:

Cheque Book

The cheque book issued by Central Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Central Bank Of India branches in Dhule and Palasner, 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 go to the branch locator section. Then search for Palasner or Dhule to find the exact IFSC Code CBIN0281953.

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 maintains an updated database of all IFSC codes. Searching for Central Bank Of India and Dhule will provide accurate information.

How to Use IFSC Code CBIN0281953 for Online Transfers?

If you have the IFSC Code CBIN0281953 for the Palasner branch of Central Bank Of India in Dhule, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0281953. 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 CBIN0281953.

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 Palasner in Dhule, 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 Palasner, 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 Dhule to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Central Bank Of India in Palasner, Dhule?

The IFSC Code is CBIN0281953.

Is the IFSC Code CBIN0281953 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 Palasner?

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 Palasner branch?

The address of the branch is At & P.O. Palsner, Taluka - Shirpur, Dist- Dhule, Maharashtra-425405 located in Dhule, Palasner, 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.