Central Bank of India IFSC Code CBIN0284553

Central Bank of India – SIVAJIPALEM

IFSC Code: CBIN0284553

MICR Code: 530016553

Branch: SIVAJIPALEM

Bank: Central Bank of India

Address: DOOR NO 9-6-33, SIVAJI PARK ROAD, SIVAJIPALEM, VISAKHAPATNAM 533017, ANDHRAPRADESH

District: VISHAKHAPATNAM

State: ANDHRA PRADESH

Contact: +912222612008

Indian Financial System Code (IFSC): CBIN0284553

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

• The first four characters represent the bank name.
• The fifth character is always ‘0’ and is reserved for future use.
• Branch Code 284553. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 530016553

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.