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Central Bank of India

GUMTHALA BRANCH

+912222612008

IFSC CODE
CBIN0282052
MICR Code 440016508
Branch Code 282052
City / District GUMTHALA
State MAHARASHTRA
Office Address AT & P.O. GUMTHALA, TALUKA - NAGPUR, DIST-NAGPUR, MAHARASHTRA-441104
Phone +912222612008
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Understanding IFSC Code: The Digital DNA of Central Bank of India

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the GUMTHALA branch of Central Bank of India, the code CBIN0282052 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the CBIN0282052 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"CBIN" represents Central Bank of India

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for GUMTHALA

Payment Systems Supported by CBIN0282052

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—440016508—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Central Bank of India in GUMTHALA typically follows the RBI holiday calendar. Digital transfers via CBIN0282052 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While CBIN0282052 is the valid code for GUMTHALA at GUMTHALA, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

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Branch Context

  • • GUMTHALA Contact
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  • • MAHARASHTRA Banking Circle

Platform Links

  • • Anand Design DevBox
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  • • IFSC Finder v2.0

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