Central Bank of India — PEN Branch

RAIGAD, MAHARASHTRA

IFSC Code CBIN0283890
MICR Code 402016051

Available Services

IMPS RTGS NEFT UPI

Branch Details

Bank Name Central Bank of India
Branch Name PEN
IFSC Code CBIN0283890
MICR Code 402016051
SWIFT Code N/A
Address 29 RAIGAD BAZAR COMPLEX ,M G ROAD,PEN,DIST RAIGAD,MAHARASHTRA 402107
City RAIGAD
District PEN
State MAHARASHTRA
Contact Number +912222612008

How to Use CBIN0283890 for Money Transfers

The IFSC code CBIN0283890 is specifically assigned to the PEN branch of Central Bank of India located in RAIGAD, MAHARASHTRA. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use CBIN0283890 when adding this branch as a beneficiary in NEFT transactions. NEFT operates in half-hourly batches from 12:30 AM to 12:00 AM on all days. Enter the IFSC, account number, and account holder name carefully to ensure successful transfer.

RTGS Transfer

For high-value transactions above ₹2 lakh, RTGS offers real-time gross settlement. Use CBIN0283890 along with the beneficiary's exact account number. RTGS is available on working days from 7:00 AM to 6:00 PM.

IMPS & UPI

IMPS and UPI allow instant 24×7 transfers. While UPI apps often auto-resolve the IFSC from the VPA, mobile banking apps require CBIN0283890 when registering a new beneficiary.

Always double-check the account number before confirming any transfer — the IFSC routes funds to the correct branch, but the account number specifies the exact recipient.

⚠ Important Reminder Always verify the beneficiary account number and name before initiating a transfer. An incorrect account number may result in failed or misdirected transactions.

About Central Bank of India PEN Branch

The PEN branch of Central Bank of India is situated in RAIGAD, MAHARASHTRA. The branch address is 29 RAIGAD BAZAR COMPLEX ,M G ROAD,PEN,DIST RAIGAD,MAHARASHTRA 402107. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at +912222612008. Always use the IFSC code CBIN0283890 when making any online fund transfer to an account held at this branch.

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