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 Market Yard Area,Gondal branch in Rajkot, Gondal, 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 Rajkot or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code CBIN0284770. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Central Bank Of India, Market Yard Area,Gondal, Rajkot
Here are the main details that are associated with the IFSC Code CBIN0284770 of Central Bank Of India for its branch located in Rajkot, within the district of Gondal in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0284770 |
| Branch | Market Yard Area,Gondal |
| City | Rajkot |
| District | Gondal |
| State | Gujarat |
| Address | Centre Point,National Highway,Near Gundala Circle,Gondal-360311 |
These details help users in online banking and for businesses and individuals who use Central Bank Of India in Rajkot for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0284770 for the Market Yard Area,Gondal 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 Market Yard Area,Gondal, Rajkot, Gujarat, are allotted a unique IFSC like CBIN0284770 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Rajkot.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Rajkot and Gondal.
- 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 Market Yard Area,Gondal reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code CBIN0284770
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 Market Yard Area,Gondal in Rajkot.
For example, the IFSC Code CBIN0284770 of Central Bank Of India for the Market Yard Area,Gondal branch includes these elements, identifying the bank and the branch location in Rajkot and Gujarat accurately.
How to Find IFSC Code for Central Bank Of India?
If you are trying to find the IFSC Code CBIN0284770 of Central Bank Of India for its Market Yard Area,Gondal branch located in Rajkot, 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 Rajkot and Gondal, 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 Market Yard Area,Gondal or Rajkot to get the exact IFSC Code CBIN0284770.
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 Rajkot, you'll get the correct details.
How to Use IFSC Code CBIN0284770 for Online Transfers?
Once you have the IFSC Code CBIN0284770 for the Market Yard Area,Gondal branch of Central Bank Of India in Rajkot, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CBIN0284770. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 CBIN0284770.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Central Bank Of India Market Yard Area,Gondal in Rajkot, your payment can get delayed or might not go through at all.
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 Market Yard Area,Gondal, 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 Rajkot manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Market Yard Area,Gondal Rajkot branch is CBIN0284770.
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 Centre Point,National Highway,Near Gundala Circle,Gondal-360311.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.