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Central Bank Of India

RBI has allotted IFSC codes to all the bank branches in India to easily identify transactions done through a particular branch. IFSC codes are unique 11-digit codes with alphanumeric characters, which are given to all bank branches and the code won't repeat. It is mandatory to enter IFSC code or MICR code to identify the branches to perform fund or cash transactions. Without this code the bank branches can't transfer funds.

These codes help the users to ensure that the transferred funds go to the right person, without any errors.

For example, we can take the IFSC code: "CBIN0282473" of Central Bank of India branch in Anna Nagar, Chennai, Tamil Nadu. This IFSC code can be used for online money transactions via NEFT, RTGS and IMPS to any Central Bank of India account or to other bank accounts.

  • Here, the first four alphabets, CBIN, indicate the bank name, i.e., Central Bank of India.
  • The fifth digit is 0 (zero) - provided for future use.
  • The last six digits 282473 - denotes a particular branch of Anna Nagar, Chennai, Tamil Nadu.

The Indian Financial System Code in short denoted as IFSC is used for online payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service (IPM), from one bank to another through electronic Instant Mobile Money Transfer service (IMPS), and Centralized Funds Management System (CFMS) instructed by RBI.

RBI has allotted IFSC codes for all banks in India to find out the branches when money transfers take place. According to RBI guidelines, the IFSC code is mandatory for interbank transfers via NEFT and RTGS to any bank in India. With help of IFSC codes and MICR codes, the online fund transfers are made easy without any confusion. The first four Characters mentioned in IFSC code denote the bank names and the last six digits helps to identify the bank branch name involved in the transaction. The fifth digit is zero for all banks which is next to alphabets provided for future use. This code helps to avoid the risk factor while sending and receiving funds through banks in our country and it makes sure that the money reaches the right account holder at the specified branch.

Easy way to find Central Bank of India IFSC Code and MICR Code?

If the customer knows the full name of the bank and its branch location, then it is easy to find IFSC codes and MICR codes within a few seconds. The customer can find MICR codes and IFSC codes which are printed on passbook and cheque books/ leaves issued by Central Bank of India.

The website of Reserve Bank of India also offers the entire list of IFSC codes required for the account holder. The customers can also enter on the bank's official website. Some of the third-party financial websites or other advertisement websites are also rendering the service to get IFSC codes of any bank and its branches located in India.

Some of the popular financial comparison sites display the table carrying IFSC codes for Central Bank of India branches throughout India. Any account holder visiting the website can choose the Bank IFSC code link present on the home page. Customers by clicking the link will lead to another page where four columns are displayed. Customers must feed some bank details like the state in which it is located, the district in which it is located and branch name to get IFSC codes or MICR codes for Central Bank of India. The website displays all details about the bank such as the phone number, address of the branch, name, branch code etc.

Central Bank Of India Branch Details

ABOUT CENTRAL BANK OF INDIA

  • Central Bank of India was established in 1911. It is the first Indian commercial bank which was wholly owned and managed by Indians. The dream of Sir SorabjiPochkhanawala, the founder of the bank came true. Sir Pherozesha Mehta was the first Chairman of a truly 'Swadeshi Bank'. In fact, such was the extent of pride felt by Sir SorabjiPochkhanawala that he proclaimed Central Bank of India as the 'property of the nation and the country's asset'. He also added that 'Central Bank of India lives on people's faith and regards itself as the people's own bank'. During the past 110 years of history the Bank has weathered many storms and faced many challenges. Many innovative and unique banking activities have been launched by Central Bank of India.

  • Further the guidelines from Reserve Bank of India as also the Government of India, Central Bank has been playing an increasingly active role in promoting the key thrust areas of agriculture, small scale industries as also medium and large industries. It also introduced a number of 'Self Employment Schemes' to promote employment among the educated youth.

  • Among the Public Sector Banks, Central Bank of India can be truly described as an 'All India Bank', due to distribution of its large network in all States as also in 6 out of 7 Union Territories in India. It holds a very prominent place among the Public Sector Banks on account of its network of more than 4,659 branches, Extension counters, along with 10 Satellite Offices (as on February 2019) at various centres throughout the length and breadth of the country.

  • Customer's confidence in Central Bank of India's wide-ranging services can very well be judged from the list of major corporate clients.

  • The vision of the bank is to be CENTRAL to the banking and financial needs of all. The mission is to provide customer centric products and services by leveraging human resources and technology.

  • In the year 2016-2017, Central Bank of India has been awarded first prize for excellent implementation of Official Language Policy of Government of India in Mumbai Metro area. In the year 2015-2016, it has been awarded first prize for excellent implementation of Official Language Policy of Government of India in Mumbai Metro area.

  • It received 'Banking Technology Award' for best technology initiative for Financial Inclusion as Runner Up in the category amongst Medium Banks. The award title is "The Best Financial Inclusion Initiative" One-way Technology Conference, Expo and Awards Presentation Ceremony was organized by IBA on February 16, 2016. It has received many more awards.
ADDRESS
Central Bank of India,
Nariman Point,
Mumbai - 400 021,
Toll Free No: 1800 22 1911, 022 - 6638 7777.

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Central Bank Of India Karnataka Branch IFSC Code

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Central Bank Of India Maharashtra Branch IFSC Code

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Central Bank Of India Nagaland Branch IFSC Code

Central Bank Of India Odisha Branch IFSC Code

Central Bank Of India Puducherry Branch IFSC Code

Central Bank Of India Punjab Branch IFSC Code

Central Bank Of India Rajasthan Branch IFSC Code

Central Bank Of India Sikkim Branch IFSC Code

Central Bank Of India Tamil Nadu Branch IFSC Code

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Central Bank Of India Uttar Pradesh Branch IFSC Code

Central Bank Of India Uttarakhand Branch IFSC Code

Central Bank Of India West Bengal Branch IFSC Code