Below are the complete branch details for Central Bank of India, MORGAON branch, located in MORGAON, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is CBIN0281507. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case CBIN0281507 for Central Bank of India – MORGAON — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, CBIN0281507 is the IFSC of Central Bank of India's MORGAON branch. The format is fixed: CBIN = bank code, 0 = reserved, 281507 = branch identifier.
Branch details at a glance
| Bank Name | Central Bank of India |
|---|---|
| Branch | Morgaon |
| IFSC Code | CBIN0281507 |
| MICR Code | Refer to cheque leaf |
| Branch Address | NEAR GANESH TEMPLE, AT & POST MORGAON, ,DIST-PUNE,MAHARASHTRA-412304 |
| City | Morgaon |
| District | Pune |
| State | Maharashtra |
| STD Code | 22 |
| Phone | 22612008 |
Bank profile
Central Bank of India is among the recognised banks listed on the Reserve Bank of India's payments network. The Morgaon branch — IFSC CBIN0281507 — extends the bank's services to customers in and around Morgaon, Maharashtra.
Morgaon branch overview
Located at NEAR GANESH TEMPLE, AT & POST MORGAON, ,DIST-PUNE,MAHARASHTRA-412304, the Morgaon branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC CBIN0281507 is required for all interbank electronic transfers routed through this branch.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Central Bank of India's MORGAON branch came to be assigned the code CBIN0281507.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC CBIN0281507, money simply cannot be routed to the MORGAON branch electronically.
How to transfer money using IFSC CBIN0281507
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC CBIN0281507 across all three.
NEFT to Central Bank of India, MORGAON using IFSC CBIN0281507
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC CBIN0281507, and confirm that the system picks up Central Bank of India – MORGAON. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to MORGAON
If you need to transfer ₹2 lakh or more in one go to an account at Central Bank of India's MORGAON branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC CBIN0281507 while initiating the transfer and the credit will appear within minutes.
IMPS to Central Bank of India MORGAON (IFSC CBIN0281507)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC CBIN0281507 in your mobile or internet banking app, and the money is credited to the MORGAON branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC CBIN0281507 for Central Bank of India – MORGAON, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – CBIN0281507 | Yes – CBIN0281507 | Yes – CBIN0281507 |
For most retail customers crediting the Morgaon branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Central Bank of India's MORGAON branch, the IFSC CBIN0281507 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Products and account variants supported
Every account opened at the Morgaon branch is mapped to IFSC CBIN0281507 on the RBI payments network. The branch generally supports the full retail product catalogue of Central Bank of India, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains CBIN0281507.
Products and services
Customers walking into the Morgaon branch can access most of Central Bank of India's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC CBIN0281507
MICR & cheque-truncation details
Cheques drawn on the Morgaon branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC CBIN0281507 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Digital banking channels
Most day-to-day work that customers used to do at the Morgaon branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC CBIN0281507 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
Common mistakes to avoid when using IFSC CBIN0281507
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Central Bank of India – MORGAON, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
CBIN0281507. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
How to reach the Morgaon branch
The branch is located at NEAR GANESH TEMPLE, AT & POST MORGAON, ,DIST-PUNE,MAHARASHTRA-412304, which puts it inside Morgaon, the broader Pune district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “Central Bank of India Morgaon branch” — the verified location pin for IFSC CBIN0281507 should appear at the top of the results.
- Confirm the branch is open by calling 22-22612008 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC CBIN0281507 and your account number.
Verifying IFSC CBIN0281507 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm CBIN0281507 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 22-22612008.
- Visiting the bank's official branch locator page.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Morgaon branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC CBIN0281507, however, work 24x7.
Branch address & contact
Central Bank of IndiaMorgaon Branch
NEAR GANESH TEMPLE, AT & POST MORGAON, ,DIST-PUNE,MAHARASHTRA-412304
Morgaon, Maharashtra
Phone: 22-22612008
IFSC: CBIN0281507
Frequently asked questions
Can I use IFSC CBIN0281507 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC CBIN0281507 to send funds instantly.
Does Central Bank of India Morgaon branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 22-22612008 to confirm.
Where is Central Bank of India Morgaon branch located?
Central Bank of India's Morgaon branch is located at NEAR GANESH TEMPLE, AT & POST MORGAON, ,DIST-PUNE,MAHARASHTRA-412304, Morgaon, Maharashtra.
What is the IFSC code of Central Bank of India Morgaon branch?
The IFSC code of Central Bank of India, Morgaon branch is CBIN0281507. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC CBIN0281507 the same for all accounts at Morgaon branch?
Yes. The IFSC CBIN0281507 is shared by every account held at Central Bank of India's Morgaon branch. Only the account number changes from customer to customer.
How do I add Central Bank of India Morgaon as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC CBIN0281507, and complete OTP verification. Once activated, you can transfer funds at any time.
Final notes
To recap: CBIN0281507 is the IFSC code of Central Bank of India, MORGAON branch, in MORGAON, MAHARASHTRA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
