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 Pimpalgoan Baswant branch in Nasik, Pimpalgaon, 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 Nasik or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CBIN0281461. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Central Bank Of India, Pimpalgoan Baswant, Nasik

Here are the main details that are associated with the IFSC Code CBIN0281461 of Central Bank Of India for its branch located in Nasik, within the district of Pimpalgaon in the state of Maharashtra.

Particulars Details
Bank Central Bank Of India
IFSC Code CBIN0281461
Branch Pimpalgoan Baswant
City Nasik
District Pimpalgaon
State Maharashtra
Address Pimpalgaon Basvant Branch H.T.Gadre'S House,Tal-Niphad, Pimpalgaon Baswant,Dist-Nasik. 422

These details are important not only for users using online banking but also for businesses and individuals who use Central Bank Of India in Nasik for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CBIN0281461 for the Pimpalgoan Baswant branch of Central Bank Of India is vital.

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, including Central Bank Of India located in Pimpalgoan Baswant, Nasik, Maharashtra, is provided with a unique IFSC like CBIN0281461 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Central Bank Of India branch in Nasik.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Nasik and Pimpalgaon.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Central Bank Of India in Pimpalgoan Baswant do not get mixed with another location.

Format of the IFSC Code CBIN0281461

This is the format of the IFSC Code for banks, including Central Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Central Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Pimpalgoan Baswant in Nasik.

For example, the IFSC Code CBIN0281461 of Central Bank Of India for the Pimpalgoan Baswant branch includes these elements, identifying the bank and the branch location in Nasik and Maharashtra accurately.

How to Find IFSC Code for Central Bank Of India?

If you are trying to find the IFSC Code CBIN0281461 of Central Bank Of India for its Pimpalgoan Baswant branch located in Nasik, 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

You can easily find the IFSC and MICR codes because most banks, including Central Bank Of India branches in Nasik and Pimpalgaon, print them 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 Pimpalgoan Baswant or Nasik to get the exact IFSC Code CBIN0281461.

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 Nasik, you'll get the correct details.

How to Use IFSC Code CBIN0281461 for Online Transfers?

Once you have the IFSC Code CBIN0281461 for the Pimpalgoan Baswant branch of Central Bank Of India in Nasik, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code CBIN0281461. Transfers are processed in batches. This is 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. Requires the recipient's account details and Central Bank Of India IFSC Code CBIN0281461.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Central Bank Of India Pimpalgoan Baswant in Nasik may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Central Bank Of India in Pimpalgoan Baswant, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Central Bank Of India website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Nasik 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 Pimpalgoan Baswant, Nasik?

The IFSC Code is CBIN0281461.

Is the IFSC Code CBIN0281461 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 Pimpalgoan Baswant?

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 Pimpalgoan Baswant branch?

The address of the branch is Pimpalgaon Basvant Branch H.T.Gadre'S House,Tal-Niphad, Pimpalgaon Baswant,Dist-Nasik. 422 located in Nasik, Pimpalgaon, 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.