Central Bank of India is one of the largest and oldest commercial bank of India. It is a government owned bank based in Mumbai, the financial capital city of India as well as the capital city of Maharashtra. The bank has currently 4715 branches and 5319 ATM’s across 29 Indian States and 6 out of 7 Union Territories. The Central Bank of India also has overseas offices at Hong Kong, Nairobi and is also at a joint venture with Bank of Baroda, Bank of India and the Zambian Government. Recently the bank has also opened a representative office at Nairobi in Kenya. Central Bank of India has been serving more than 3.5 crore satisfied customers.
Central Bank of India is among one of the 20 nationalized banks of India to get recapitalization finance from the government. The bank offers different banking products and services to their customers. Some of the services are like Online Banking services, Cent Smart Pay, online Payment, Online Trading etc. Some of the other schemes and services include ,”Go Digital Go Cashless”, “Unified Payment Interface”, “Immediate Payment Services”, “Cent Vidyarthi”,”BHIM”,” Alternate Delivery Channels” and Cent M Passbook. Cent M Passbook is also an initiative by the Central bank to provide unique features to the customers so that they can do a hassle free banking. Let us discuss in little detail about this new application launched by the bank.