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If you're looking for Citibank Fort IFSC code and branches information, you can easily find it online or through the bank's mobile app.
The IFSC code for Citibank Fort is CITI0000001. This code is unique to each branch and helps facilitate online transactions.
To locate a Citibank Fort branch near you, you can use the bank's branch locator tool on their official website. The tool allows you to search by location, city, or pin code.
Citibank Fort has multiple branches located in various parts of the city, making it convenient for customers to access their services.
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What is IFSC Code
An IFSC Code is a unique code assigned by RBI to each bank branch in India.
It enables account holders to send and receive money electronically, making transactions smoother.
The IFSC Code is used for carrying out RTGS and NEFT transactions.
Every CITI Bank branch in India has its own unique IFSC Code.
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Benefits and Perks
Using the CitiBank Fort IFSC code comes with its own set of benefits. It helps in unique identification of all banks and their respective branches.
You can transfer funds from one bank account to another with ease, thanks to the IFSC code. This process is convenient and hassle-free.
The Reserve Bank of India (RBI) uses the IFSC code to keep track of all the bank transactions, which lowers the chances of discrepancy.
Here are some of the key benefits of using the CitiBank Fort IFSC code:
- Quick & secure payment transfer
- Facilitates online banking or net banking operations
- Instant money transfer
- Error-free money transactions
- Instant transfer of funds via NEFT and RTGS
- Immediate payment validation and reconciliation
- Paperless cash transaction
Using the IFSC code also eliminates the risk of fraudulent encashment, making it a more secure option.
MICR Code
The MICR code is a 9 digit code printed on the last line of a cheque leaf and can also be found on the website of CITI Bank.
It is used for faster and secure processing of cheques. This code is a unique identifier for every CITI Bank branch in India.
MICR code stands for Magnetic Ink Character Recognition technology, which enables faster processing of cheques and other banking documents. It makes the sorting, processing, and clearance of any transaction via cheques a hassle-free task.
MICR readers, which are primary tools, identify the particular branch details of the payee's bank by scanning the MICR code printed on the cheque.
IFSC and MICR Format
The IFSC and MICR codes for CITI Bank are crucial for electronic transactions. Every CITI Bank branch in India has a unique CITI Bank IFSC Code and MICR Code.
The IFSC code is an 11-character-long code, with the first 4 characters being alphabetic, depicting the bank code assigned by the government authority of India. The next character is zero, reserved for future usage. And the last 6 characters are usually numeric, depicting the branch name of that particular bank.
You can find the MICR code for CITI Bank on a cheque leaf and bank passbook, or on the website of CITI Bank. It is a 9-digit code printed on the last line of a cheque leaf.
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State-wise Branches
Citibank has a significant presence across various states in India, with a total of 1,650 branches as of 2022.
The state of Maharashtra has the most number of Citibank branches, with 234 branches as of 2022.
In terms of branch density, the state of Delhi has the highest number of branches per capita, with 1 branch for every 45,000 people.
Note: The data is based on the information provided in the article section facts.
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Gujarat
Gujarat is home to the famous Sabarmati Ashram, a significant site in India's independence movement.
The state has a rich cultural heritage, with many temples and festivals celebrating Hinduism and other local traditions.
Gujarat is also a major hub for the textile industry, with many small-scale manufacturers producing fabrics and clothing.
The state's coastline along the Arabian Sea is a significant contributor to its economy, with many ports and shipping facilities.
Kerala
Kerala is home to a diverse range of wildlife, including the endangered Nilgiri Tahr and the lion-tailed macaque.
The state is also known for its rich cultural heritage, with a strong tradition of classical music and dance, particularly the Kathakali performance art.
Kerala has a long coastline of 595 km, making it an important center for the fishing industry.
The state's backwaters, a network of canals and lakes, are a popular destination for houseboat cruises and a glimpse into traditional Kerala life.
Kerala has a literacy rate of 94.8%, one of the highest in India, and a strong emphasis on education.
The state's economy is driven by industries such as rubber, tea, coffee, and spices, which are major exports.
Rajasthan
Rajasthan is home to the majestic Amber Fort, a stunning example of Mughal architecture.
The state is also known for its rich cultural heritage, with the city of Jaipur being a major hub for traditional crafts and art forms.
Rajasthan has a diverse geography, with the Aravalli Range running through the state and the Thar Desert covering a significant portion of its area.
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The state has a population of over 68 million people, with a significant proportion being rural residents.
Rajasthan has a long history of royal patronage, with the city of Udaipur being the former capital of the Mewar kingdom.
The state is also famous for its vibrant festivals, including the Pushkar Camel Fair and the Desert Festival.
Branch: Mumbai
Mumbai is home to at least two branches of CITI Bank.
The IFSC Code for CITI Bank's Fort-Mumbai branch is CITI0100000.
This branch is located at the Bombay Mutual Building, 293, Dr. D N Road, Fort, Mumbai 400001.
The MICR Code for this branch is 400037002.
CITI Bank's RTGS-HO-Mumbai branch is also located in the city.
The IFSC Code for this branch is CITI0RTGSMI.
This branch is also situated in the Bombay Mutual Building, but the address is slightly different from the Fort-Mumbai branch.
The MICR Code for this branch is also 400037002.
Both branches are in the state of Maharashtra.
The city where these branches are located is either Greater Mumbai or Mumbai.
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Frequently Asked Questions
How to find Citibank IFSC code?
Check your Citibank cheque book or passbook for the IFSC code, which is usually printed on the front page or inside the cheque book
Has the IFSC code changed for Citibank?
No, your Citibank IFSC code remains unchanged. You can continue to use it for transactions as usual.
Sources
- https://razorpay.com/ifsc-code/citi-bank/maharashtra/greater-mumbai/fort/CITI0100000/
- https://www.inventiva.co.in/stories/citi-bank/
- https://www.yourmoney.co.in/citibank-ifsc-and-micr-codes-in-india.htm
- https://www.servicecentercontact.com/citi-bank.html
- https://tax2win.in/ifsc-code/citi-bank/andhra-pradesh
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