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IFSC Code of Central Bank Of India, Goregaon, Mumbai, Maharashtra — CBIN0282197

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 Goregaon branch in Greater Bombay, Mumbai, 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 Greater Bombay or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CBIN0282197. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Central Bank Of India, Goregaon, Greater Bombay

Here are the key points that are associated with the IFSC Code CBIN0282197 of Central Bank Of India for its branch located in Greater Bombay, within the district of Mumbai in the state of Maharashtra.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0282197
Branch Goregaon
City Greater Bombay
District Mumbai
State Maharashtra
Address Nirala House, Pt.Deendayal Upadhyay Chowk, 36, Jawahar Nagar, Goregaon West, Mumbai 400104

These details are crucial, not just for online banking users but also for businesses and individuals who use Central Bank Of India in Greater Bombay for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0282197 for the Goregaon 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Central Bank Of India located in Goregaon, Greater Bombay, Maharashtra, is provided a unique IFSC like CBIN0282197 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 Greater Bombay.
  • 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 Greater Bombay and Mumbai.
  • 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 Goregaon do not get misguided to another person.

Format of the IFSC Code CBIN0282197

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 Goregaon in Greater Bombay.

For example, the IFSC Code CBIN0282197 of Central Bank Of India for the Goregaon branch includes these elements, identifying the bank and the branch location in Greater Bombay and Maharashtra correctly.

How to Find IFSC Code for Central Bank Of India?

If you are looking for the IFSC Code CBIN0282197 of Central Bank Of India for its Goregaon branch located in Greater Bombay, 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 Greater Bombay and Mumbai, 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 Goregaon or Greater Bombay to get the exact IFSC Code CBIN0282197.

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 Greater Bombay, then it will provide you proper information.

How to Use IFSC Code CBIN0282197 for Online Transfers?

If you have the IFSC Code CBIN0282197 for the Goregaon branch of Central Bank Of India in Greater Bombay, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0282197. 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 CBIN0282197.

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 Goregaon in Greater Bombay, 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 Goregaon, 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 Greater Bombay 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 Goregaon, Greater Bombay?

The IFSC Code is CBIN0282197.

Is the IFSC Code CBIN0282197 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 Goregaon?

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 Goregaon branch?

The address of the branch is Nirala House, Pt.Deendayal Upadhyay Chowk, 36, Jawahar Nagar, Goregaon West, Mumbai 400104 located in Greater Bombay, Mumbai, 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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