This is not just a number; it is the 'remote control' of your account! The secret of CIF that even bank employees shy away from telling

Everyone should know that the CIF number is not just a code, but an important link between you and your bank. So everyone should know about it in detail.

Bank account, debit card, UPI ID... Everyone knows about all these in today's time, but have you ever understood about CIF number? Actually, it is such an important code which is very important for accessing your bank account and your banking transactions. Actually, CIF number is not just a number, but a digital identity card of your entire relationship with your bank. So let's understand what it is and why it is so important for accessing your bank account.

What is CIF number?

The full form of CIF is Customer Information File. It is a unique and usually 11-digit code, which banks issue to each of their customers. Your bank account number is linked to a single account, but the CIF number represents the entire banking profile of a person.

What information does a CIF number contain?

By the way, let us tell you that the CIF number stores almost every important information that the bank has about you. It includes:

Personal information: Your name, address, date of birth, contact details (mobile number, email ID), PAN card, Aadhaar card and other KYC (know your customer) etc.

Account type: Information about all accounts like your savings account, current account, fixed deposit (FD), recurring deposit (RD) etc.

Transaction history: Keeps a record of all your past transactions.

Loan and credit details: If you have taken a loan (like home loan, car loan, personal loan) or credit card from the bank, then its information will also be there.

Demat account information: If your demat account is in the same bank, then its details are also linked.

Credit relationship: Your financial relationship with the bank and also credit history.

That is, the CIF number works as a central database for the bank, where all your banking information is collected at one place.

Why is CIF number necessary for access to your bank account?

Let us tell you that the CIF number is not just a number, but the key to making all your small and big work in the bank easy and safe.

1. Your Centralized Identity:

This number is considered as your 'digital identity' in the bank. No matter how many accounts you have (savings, current, FD, loan), all of them are linked to the same CIF number. This gives the bank all your information at one place, which makes it easier to access various services.

2. Faster and Streamlined Services:

If you have to update your KYC, then the bank immediately accesses all your information through the CIF number. While processing the application for a new loan or credit card, the bank checks the CIF number. Apart from this, CIF number is helpful in issuing passbook, ordering checkbook, receiving statement - all these.

How to find your CIF number?

It is quite easy to find out your CIF number. The CIF number is written on the first page of your passbook along with your account number. Apart from this, the CIF number is also usually given on the monthly or annual bank statement. You can get it from your bank's online portal or net, by logging in to your bank's mobile app and from the 'Account Information' or 'Profile' section or with the help of customer service. (Note: The news is based on general information, we are not confirming this information)