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Verified Branch

Central Bank of India

SAKOLI Branch, BHANDARA

IFSC Code
CBIN0284239
Required for NEFT, RTGS, IMPS money transfers
MICR Code
441016503
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

CBIN Bank Code (1-4)
0 Control Zero (5th)
284239 Branch Code (6-11)

Complete Branch Details

Full Address HOUSE NO 130 M B PATEL COLLEGE ROAD SAKOLI BHANDARA MAHARASHTRA
State MAHARASHTRA
District / City SAKOLI
Centre / Region SAKOLI
Contact / Helpline +912222612008
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Electronic Transfer Capabilities & Limits

NEFT

Available 24x7

Half-hourly batch clearance

RTGS

Min. ₹2 Lakh

Real-time gross settlement

IMPS

Instant Transfer

Up to ₹5 Lakh limit

UPI / QR

1-Tap VPA

GPay, PhonePe, Paytm

How to Transfer Money to this Branch

  1. Log in to your mobile banking app or Internet Banking portal (SBI, HDFC, ICICI, etc.).
  2. Navigate to Fund Transfer → Add Beneficiary / Payee.
  3. Enter the recipient's Account Number and paste IFSC code CBIN0284239.
  4. Confirm bank name displays as Central Bank of India and branch as SAKOLI.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (CBIN0284239)

What is the IFSC code of Central Bank of India SAKOLI branch? ↓

The verified 11-digit IFSC code is CBIN0284239. This unique alphanumeric code is used for routing electronic fund transfers via NEFT, RTGS, IMPS, and clearing networks across India.

Can I transfer money on Sundays and bank holidays using this IFSC code? ↓

Yes! Under Reserve Bank of India (RBI) directives, NEFT, RTGS, IMPS, and UPI operate 24x7x365, including Sundays, second/fourth Saturdays, and public holidays. Electronic transfers will be processed automatically without branch intervention.

What is the MICR code of Central Bank of India SAKOLI? ↓

The 9-digit Magnetic Ink Character Recognition (MICR) code is 441016503. It is printed on cheque leaves for high-speed automated sorting at RBI clearing houses.

Where is the branch located? ↓

The official branch address is HOUSE NO 130 M B PATEL COLLEGE ROAD SAKOLI BHANDARA MAHARASHTRA, located in SAKOLI district, MAHARASHTRA.

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SATARDA Branch

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