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 Csb Bank Limited for its Borivali East branch in Mumbai Suburban, Borivali East, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Csb Bank Limited located in Mumbai Suburban or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CSBK0001244. 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 Csb Bank Limited, Borivali East, Mumbai Suburban
Here are the main details that are associated with the IFSC Code CSBK0001244 of Csb Bank Limited for its branch located in Mumbai Suburban, within the district of Borivali East in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Csb Bank Limited |
| IFSC Code | CSBK0001244 |
| Branch | Borivali East |
| City | Mumbai Suburban |
| District | Borivali East |
| State | Maharashtra |
| Address | Ground Floor, Shop No 5 And 6, Shiv Lilam Chsl, Dattapada Road, Borivali East, Mumbai 400066 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Csb Bank Limited in Mumbai Suburban for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CSBK0001244 for the Borivali East branch of Csb Bank Limited has 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 Csb Bank Limited located in Borivali East, Mumbai Suburban, Maharashtra, is provided a unique IFSC like CSBK0001244 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Csb Bank Limited branch in Mumbai Suburban.
- 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 Mumbai Suburban and Borivali East.
- 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 Csb Bank Limited in Borivali East do not get misguided to another person.
Format of the IFSC Code CSBK0001244
This is the format of the IFSC Code for banks, including Csb Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Csb Bank Limited, 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 Borivali East in Mumbai Suburban.
For example, the IFSC Code CSBK0001244 of Csb Bank Limited for the Borivali East branch includes these elements, identifying the bank and the branch location in Mumbai Suburban and Maharashtra accurately.
How to Find IFSC Code for Csb Bank Limited?
If you are trying to find the IFSC Code CSBK0001244 of Csb Bank Limited for its Borivali East branch located in Mumbai Suburban, the following methods can help:
Cheque Book
The cheque book issued by Csb Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Csb Bank Limited branches in Mumbai Suburban and Borivali East, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Csb Bank Limited and navigate to the branch locator section. Search for Borivali East or Mumbai Suburban to get the exact IFSC Code CSBK0001244.
Mobile Banking App
If you use Csb Bank Limited'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 Csb Bank Limited and Mumbai Suburban, you'll get the correct details.
How to Use IFSC Code CSBK0001244 for Online Transfers?
Once you have the IFSC Code CSBK0001244 for the Borivali East branch of Csb Bank Limited in Mumbai Suburban, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CSBK0001244. 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 Csb Bank Limited IFSC Code CSBK0001244.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Csb Bank Limited Borivali East in Mumbai Suburban, your payment can get delayed or might not go through at all.
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 Csb Bank Limited in Borivali East, here are some ways that you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Csb Bank Limited website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Mumbai Suburban manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CSBK0001244.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor, Shop No 5 And 6, Shiv Lilam Chsl, Dattapada Road, Borivali East, Mumbai 400066 located in Mumbai Suburban, Borivali East, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.