The Customer Information File or CIF number is a unique number provided by the bank to every account holder. It’s a key to access an individual’s personal and account details and helps in maintaining a proper record enabling banks to track their account information.
Read on to understand the importance and benefits of a CIF number in addition to how to generate it.
CIF or Customer Information File number is an 11-digit number that is used as a code to access all the vital information of an account holder, starting from their KYC information and transaction details to their address and contact number. A CIF number helps in collectively storing and seamlessly viewing all the crucial documents held by the customers.
Conventionally, banks use the CIF number to set up and maintain a digital locker for their clients. Since the data is stored electronically, the CIF number helps the bank to view all the information related to a particular account in one single place.
CIF numbers hold all the personal and account information of a customer at a particular bank. This 10 or 11-digit unique number represents the virtual file of each customer and remains unchanged in all situations. Banks can enter this number to easily access all your details.
You can check your CIF number on your passbook information page or cheque book. You may also ask your bank for assistance if you are unable to find it. Keep in mind that this number is different from the CVV printed on your ATM cards or your account number.
For most banks, the CIF number can be found on the passbook or chequebook of the account holder. You can simply see the number printed along with other details on these documents.
Having a CIF number means having a key to all the information about a person. The passbook or chequebook normally has it on the first page.
If the passbook is not available and you want to find out your CIF number, you can do so using the following methods:
There are multiple ways to get your CIF number if you’re a customer of the State Bank of India. Here are the details:
You should be able to see your CIF number.
Look for your CIF Number at the bottom of the first page of your SBI passbook, just above your Account No.
Look for your CIF number on the first page of your SBI chequebook
You should be able to see your CIF number here.
A CIF number is a unique identifier that represents the all the sensitive information pertaining to an account holder, like their identity documents, PAN and account details
The CIF number is used to safeguard the confidentiality of the account holder that is shared only with the bank and its staff
Banks use a CIF number to verify transactions and authenticate and approve loans.
The CIF number allows banks to quickly access all of a customer’s banking information. A distinct number also makes it easier to distinguish between two account holders, especially if their names or email addresses are identical.
Some of the other benefits of a CIF number include:
CIF number is a unique number that works as the key to the file that contains all your personal and confidential banking information. It is used by the bank to store the data of its customers in a safe virtual space. You can find this number printed on your bank statements, cheque books, and passbook information pages. This number helps the bank provide personalised customer service, improving the customer relationship and their satisfaction level.
Yes, in most cases, banks provide one number only, which works both as your customer ID as well as CIF number.
CIF contains all your banking information, like transaction details, account balance, etc. It also contains your personal details such as your name, gender, residential address, etc.
A CIF number. is an 11-digit unique number. It serves as a key to your virtual information files, also known as the Customer Information Files, that are stored and maintained by the bank virtually.
No, each of the three codes—IFSC, MICR, and CIF— are different and serve a distinct purpose. MICR, or Magnetic Ink Character Recognition, is used to process checks more quickly. IFSC, or the Indian Financial System Code, is used to identify a bank’s branches. On the other hand, the CIF number is used to access the crucial banking information for an account holder that is stored by the bank on its server.
CVV is a unique number printed on your debit and credit cards. It must be correctly entered to complete a transaction made using the card. Further, it protects your card from unauthorised use, loss, and fraud. On the other hand, the CIF number safeguards your personal as well as banking information that is stored with the bank. The file that is protected by the CIF number holds all of your transaction details and crucial financial history.
It is important for you to keep your CIF number to yourself. Even though no one can access your information without accessing the bank server, sharing your CIF number doesn’t create any problem. However, it is advised to keep the number safely to yourself to avoid any unnecessary hassle.
CIF stands for Customer Information File.
This article is solely for educational purposes. Navi doesn't take any responsibility for the information or claims made in the blog.
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