Central Bank of India IFSC Code CBIN0284050

Central Bank of India – VIDYA VIKAS MANDAL, MARGAO

IFSC Code: CBIN0284050

MICR Code: 403016028

Branch: VIDYA VIKAS MANDAL, MARGAO

Bank: Central Bank of India

Address: CENTRAL BANK OF INDIA, DAMODHAR COLLEGE, VIDYA VIKAS MANDAL’S COLLEGE COMPLEX,PEDDA, MARGAO, GOA- 403601.

District: SOUTH GOA

State: GOA

Contact: +912222612008

Indian Financial System Code (IFSC): CBIN0284050

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 284050. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 403016028

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.