Branch wise list of Central Bank Of India, Ludhiana IFSC code and MICR code in Punjab along with branch details
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Central Bank Of India customers can transfer fund using National Electronic Funds Transfer (NEFT), Real Time Gross Settlement System (RTGS) as well as IMPS platforms. You can use either of these facilities to send money across different banks, different accounts, different states and different cities.
RTGS funds transfer can be used to send amounts of Rs. 1 lakh and above. You can go RTGS transfer through net banking or by walking into any of the branches. You must fill up a Fund Transfer Instruction form which is available at the Central Bank Of India. You need to provide the following information.
RTGS is available for customers to use on weekdays and Saturdays. It will not be available on Sundays and National holidays.
Fees & Charges for RTGS Transaction by Central Bank Of India :
|Amount||Charge(per transaction, excluding taxes)|
|INR 2 lakh(Minimum Amount)|
|Sum between INR 2 lakh to INR 5 lakh||
+ Applied Taxes
|Sum betwwen INR 5 lakh to INR 10 lakh||
+ Applied Taxes
NEFT can be used to transfer smaller amounts of money that do not exceed Rs. 99,999. To use this platform, customers can follow the same procedure as stated for RTGS. Fill up the Fund Transfer Instruction form available at the bank. You will need to furnish the information given below.
Fees & Charges for NEFT Transaction by Central Bank Of India :
|Cash up to INR 10,000||INR 2,50 + Applied Taxes|
|Sum between INR 10,000 and INR 1 lakh||INR 5 + Applied Taxes|
|Sum between INR 1 lakh and INR 2 lakh||INR 15 + Applied Taxes|
|Sum between INR 2 lakh and INR 5 lakh||INR 25 + Applied Taxes|
|Sum between INR 5 lakh and INR 10 lakh||INR 25 + Applied Taxes|
NEFT Transaction timings specified by Central Bank Of India:
|All days except Sundays, 2nd and 4th Saturdays||8:00 AM to 6:30 PM|
The Central Bank of India is one of the oldest and largest commercial banks in India. Being a government-owned bank, the bank is headquartered in the financial capital of India, Mumbai. In 2009, it is one of the 20 banks in India to get recapitalisation finance from the government of India. Currently, the Central Bank of India has 4715 branches, 4 extension counters across 27 states and three union territories and 5319 ATM’s. Moreover, the bank has overseas office in Nairobi, Kenya and has a joint venture with Bank of Baroda, Bank of India and the Zambian government.