Central Bank of India, IFSC code | Check Here

Central Bank of India is a government owned bank which is considered to be the oldest and largest commercial banks in India. The bank is based in Mumbai which is the financial capital of India. It has nearly 4730 branches and 5319 ATMs and 4 extension counters across 27 Indian States and three union territories.

The bank offers various products and services such as:

• Credit Cards
• Debit Cards
• Loans
• Savings Account
• Fixed Deposit Accounts
• NRI Banking
• Internet Banking

IFSCCode of Central Bank of India, Delhi

Reserve Bank of India (RBI) has launched IFSC codes which stand for Indian Financial System Code. This code was introduced by the RBI in order to ensure security and safety of the transactions. IFSC Code also helps in indentifying the bank and branch where the account of the beneficiary is held. RBI has also mandated IFSC code for different bank transactions. The IFSC code helps in recognizing each and every bank and its branches separately. The IFSC Codes follow two payment and settlement systems in India which are as follows:

1. RTGS (Real Time Gross Settlement)
2. NEFT (National Electronic Fund Transfer)

IFSC Code is 11- digit code assigned by the Reserve Bank of India (RBI) to every bank as a part of NEFT / RTGS.

In IFS Code

1. First four characters identify the bank name i.e. CBIN
2. The fifth character is always 0
3. And the last character represents the branch address i.e. 280290

[The IFSC Code used in above example is of Daryaganj, New Delhi i.e. “CBIN0280290”].

Delhi is the national capital of India. The city is popular for its enriched culture and heritage. It also hosts some famous historical monuments and is developing with the passing time. Also one can witness the religious diversity and the impact of the Mughals in the city.