Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Central Bank Of India for its Bhayandar branch in Thane, Mira-Bhayandar, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Central Bank Of India located in Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CBIN0283244. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Central Bank Of India, Bhayandar, Thane
Here are the key points that are associated with the IFSC Code CBIN0283244 of Central Bank Of India for its branch located in Thane, within the district of Mira-Bhayandar in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0283244 |
| Branch | Bhayandar |
| City | Thane |
| District | Mira-Bhayandar |
| State | Maharashtra |
| Address | Bldg. No. 1, 1St Floor, Oswal Ornate, Opp. Jain Mandir, Jesal Park Roa Bhayandereast Maharashtra 401105 |
These details are essential not only for online banking users but also for businesses and individuals who use Central Bank Of India in Thane for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CBIN0283244 for the Bhayandar branch of Central Bank Of India plays 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 Bhayandar, Thane, Maharashtra, are given a unique IFSC like CBIN0283244 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Thane.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Thane and Mira-Bhayandar.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Central Bank Of India in Bhayandar goes to the correct branch. This is important because Central Bank Of India has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code CBIN0283244
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 Bhayandar in Thane.
For example, the IFSC Code CBIN0283244 of Central Bank Of India for the Bhayandar branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra accurately.
How to Find IFSC Code for Central Bank Of India?
If you are trying to find the IFSC Code CBIN0283244 of Central Bank Of India for its Bhayandar branch located in Thane, 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 Thane and Mira-Bhayandar, 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 Bhayandar or Thane to get the exact IFSC Code CBIN0283244.
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 Thane, you'll get the correct details.
How to Use IFSC Code CBIN0283244 for Online Transfers?
If you have the IFSC Code CBIN0283244 for the Bhayandar branch of Central Bank Of India in Thane, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CBIN0283244. 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 CBIN0283244.
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 Bhayandar in Thane, 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 Bhayandar, 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 Thane to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CBIN0283244.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Bldg. No. 1, 1St Floor, Oswal Ornate, Opp. Jain Mandir, Jesal Park Roa Bhayandereast Maharashtra 401105 located in Thane, Mira-Bhayandar, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.