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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Central Bank Of India for its Nandivli branch in Thane, Nandivli, or Maharashtra, this guide will help you with all the details.
There have been major changes in the banking sector 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 CBIN0285042. 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, Nandivli, Thane
Below in the table are the key details related to IFSC Code CBIN0285042 of Central Bank Of India for its branch located in Thane, within the district of Nandivli in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Central Bank Of India |
| IFSC Code | CBIN0285042 |
| Branch | Nandivli |
| City | Thane |
| District | Nandivli |
| State | Maharashtra |
| Address | Shop No-4 To 7, Gr. Floor, Sairaj Apartment, Haji Malang Road, Kalyan East, City-Nandivli, Dist-Thane, Maharashtra-421306 |
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 CBIN0285042 for the Nandivli 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Central Bank Of India located in Nandivli, Thane, Maharashtra, is provided a unique IFSC like CBIN0285042 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 Thane.
- 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 Thane and Nandivli.
- 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 Nandivli do not get misguided to another person.
Format of the IFSC Code CBIN0285042
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 Nandivli in Thane.
For example, the IFSC Code CBIN0285042 of Central Bank Of India for the Nandivli branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra correctly.
How to Find IFSC Code for Central Bank Of India?
To find the IFSC Code CBIN0285042 of Central Bank Of India for its Nandivli branch located in Thane, the following methods can help you out:
Cheque Book
The cheque book issued by Central Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Central Bank Of India branches in Thane and Nandivli, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Central Bank Of India and go to the branch locator section. Then search for Nandivli or Thane to find the exact IFSC Code CBIN0285042.
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 maintains an updated database of all IFSC codes. Searching for Central Bank Of India and Thane will provide accurate information.
How to Use IFSC Code CBIN0285042 for Online Transfers?
Once you have the IFSC Code CBIN0285042 for the Nandivli branch of Central Bank Of India in Thane, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CBIN0285042. The transfer is completed in batches instead of instantly. It is useful for both 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 CBIN0285042.
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 Nandivli in Thane, your payment can get delayed or might not go through at all.
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 Nandivli, 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 Thane manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is CBIN0285042.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Shop No-4 To 7, Gr. Floor, Sairaj Apartment, Haji Malang Road, Kalyan East, City-Nandivli, Dist-Thane, Maharashtra-421306 located in Thane, Nandivli, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.