Central Bank of India, GANDAWAR, SAWAI MADHOPUR Branch IFSC Code

The IFSC code CBIN0282916 is assigned to Central Bank of India, GANDAWAR located in SAWAI MADHOPUR, RAJASTHAN. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

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Bank Details

Bank Name Central Bank of India
IFSC Code CBIN0282916
MICR Code 322016501
Branch Code 282916
Branch GANDAWAR
City SAWAI MADHOPUR
District GANDAWAR
State RAJASTHAN
Address PO GANDAWAR,DIST SAWAIMADHOPUR,RAJASTHAN 322025 Maps
Contact +912222612008

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

CBIN Bank Code
0 Reserved (0)
282916 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

322 City Code
016 Bank Code
501 Branch Code

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code CBIN0282916 is the Indian Financial System Code assigned to Central Bank of India, GANDAWAR branch in SAWAI MADHOPUR, RAJASTHAN. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in SAWAI MADHOPUR, GANDAWAR, RAJASTHAN. The full address is: PO GANDAWAR,DIST SAWAIMADHOPUR,RAJASTHAN 322025

The branch code is 282916. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of Central Bank of India.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

The MICR (Magnetic Ink Character Recognition) code for this branch is 322016501. MICR code is a 9-digit code used for processing cheques and is printed on cheque leaves.

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: CBIN0282916
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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