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 Vav branch in Panch Mahals, Vav, Gujarat, 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 Panch Mahals or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code CBIN0280516. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Central Bank Of India, Vav, Panch Mahals
Here are some of the key details that come with the IFSC Code CBIN0280516 of Central Bank Of India for its branch located in Panch Mahals, within the district of Vav in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0280516 |
| Branch | Vav |
| City | Panch Mahals |
| District | Vav |
| State | Gujarat |
| Address | At & Post Vav, Patel Falia, Taluka - Kamaraj Via Surat,Dist-Surat,Gujarat-394 325 |
These details help users in online banking and for businesses and individuals who use Central Bank Of India in Panch Mahals for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0280516 for the Vav 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Central Bank Of India located in Vav, Panch Mahals, Gujarat, are allotted a unique IFSC like CBIN0280516 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Panch Mahals.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Panch Mahals and Vav.
- 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 Vav reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code CBIN0280516
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): 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 Vav in Panch Mahals.
For example, the IFSC Code CBIN0280516 of Central Bank Of India for the Vav branch includes these elements, identifying the bank and the branch location in Panch Mahals and Gujarat accurately.
How to Find IFSC Code for Central Bank Of India?
If you are trying to find the IFSC Code CBIN0280516 of Central Bank Of India for its Vav branch located in Panch Mahals, 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
Most banks, including Central Bank Of India branches in Panch Mahals and Vav, print the IFSC and MICR codes 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 Vav or Panch Mahals to get the exact IFSC Code CBIN0280516.
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 Panch Mahals, you'll get the correct details.
How to Use IFSC Code CBIN0280516 for Online Transfers?
If you have the IFSC Code CBIN0280516 for the Vav branch of Central Bank Of India in Panch Mahals, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CBIN0280516. 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 CBIN0280516.
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 Vav in Panch Mahals, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Central Bank Of India in Vav, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Panch Mahals manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Vav Panch Mahals branch is CBIN0280516.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at At & Post Vav, Patel Falia, Taluka - Kamaraj Via Surat,Dist-Surat,Gujarat-394 325.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.