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Central Bank of India

MANGO MARKET, VIJAYAWADA BRANCH

+912222612008

IFSC CODE
CBIN0282336
MICR Code 520016004
Branch Code 282336
City / District VIJAYAWADA
State ANDHRA PRADESH
Office Address ARZA BUILDINGS, 189-63, KEDARESWARIPETA, VIJAYAWADA, DIST-KRISHNA, ANDHRA PRADESH-520003
Phone +912222612008
📍 View Branch on Google Maps

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 MANGO MARKET, VIJAYAWADA branch of Central Bank of India, the code CBIN0282336 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 CBIN0282336 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 MANGO MARKET, VIJAYAWADA

Payment Systems Supported by CBIN0282336

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—520016004—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 VIJAYAWADA typically follows the RBI holiday calendar. Digital transfers via CBIN0282336 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 CBIN0282336 is the valid code for MANGO MARKET, VIJAYAWADA at VIJAYAWADA, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

  • • Central Bank of India Branch List
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Financial Tools

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Branch Context

  • • MANGO MARKET, VIJAYAWADA Contact
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  • • MICR Code Finder
  • • ANDHRA PRADESH Banking Circle

Platform Links

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

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