Central Bank of India, SAWANT WADI, SINDHUDURG Branch IFSC Code

The IFSC code CBIN0283536 is assigned to Central Bank of India, SAWANT WADI located in SINDHUDURG, MAHARASHTRA. 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 CBIN0283536
MICR Code 416016352
Branch Code 283536
Branch SAWANT WADI
City SINDHUDURG
District SAWANTWADI
State MAHARASHTRA
Address BHOGATE PLAZA,1ST FLOOR,NEAR S.T.BUS STAND,GAWALI THITA,OPPPOST OFFICE,P.O.SAWANTWADI,DIST SINDHUDURG,MAHARASHTRA 416510 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)
283536 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.

416 City Code
016 Bank Code
352 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 CBIN0283536 is the Indian Financial System Code assigned to Central Bank of India, SAWANT WADI branch in SINDHUDURG, MAHARASHTRA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in SINDHUDURG, SAWANTWADI, MAHARASHTRA. The full address is: BHOGATE PLAZA,1ST FLOOR,NEAR S.T.BUS STAND,GAWALI THITA,OPPPOST OFFICE,P.O.SAWANTWADI,DIST SINDHUDURG,MAHARASHTRA 416510

The branch code is 283536. 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 416016352. 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: CBIN0283536
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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