IFSC Code, MICR Codes for CENTRAL BANK OF INDIA in MAHARASHTRA - AMRAVATI - KARAJGAON - KARAJAGAON

CENTRAL BANK OF INDIA RTGS HO Branch in KARAJGAON - Address, IFSC, MICR Code


IFSC Code

CBIN0281614

MICR Code

NA

Branch

KARAJAGAON

Contact

22612008

Address

MAIN ROAD KARAJGAON DIST-AMRAVATIMAHARASHTRA-444809

City

KARAJGAON

District

AMRAVATI

State

MAHARASHTRA





What is IFSC Code of CENTRAL BANK OF INDIA situated at KARAJAGAON- RTGS-HO?
IFSC Code of CENTRAL BANK OF INDIA situated at KARAJAGAON - RTGS-HO is

CBIN0281614

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.