CIF Full Form in Banking

CIF Full form in Banking, Customer Information File, is a computerized file that includes personal and other account-related information of all the bank's customers. The CIF is the most important piece of information for banks because it assists in the monitoring of proper account holders' data. As a result, the Customers Information Form has a number on it, which is referred to as a CIF number. This is a number associated with the computerized file that includes all of the bank's personal and account-related information. 

The computerized file, also known as CIF, is represented by an 11 digit number. This file contains information on customers' loans and Demat accounts. It also contains customers' KYC information such as his address, identification information, and photo ID evidence. 


What is the Full Form of CIF?

  • CIF stands for in Banking, Customer Information File.

  • It is a unique 11 digit number that is assigned to every customer.

  • Bank employees can easily access customer’s account-related information by entering their CIF numbers.

Where to Find Bank CIF Number?

Customers can easily find their CIF number both online and offline. Let us understand the steps to find the CIF number. 


Online

  1. Log in to your internet banking account.

  2. Choose the e-statement option.

  3. Select the period of e-statement.

  4. You will find your CIF number on the account summary page.


Mobile Apps 

You can easily find your CIF number on the apps of various bank accounts.


Cheque Book

CIF number is often printed on the first page of the bank customer's cheque book.


Customers Care

You can find the information of your CIF number by contacting your bank's customer care number. 


Bank Manager

You can also contact the branch manager of the bank for getting information regarding the unique code i.e. CIF number. 


Do You Need Your CIF Number Often?

You won't require your CIF number often as is mainly required for bank administrative purposes.

You will need it if you are looking to change your bank branch or wish to access mobile banking and Internet banking.

Your CIF number will be transferred to the next bank every time you change your bank branch. The new bank will get your account-related information through this number.

A mutual fund, loan, or fixed account is managed usually through your existing CIF number; hence producing the CIF number all the time is not required.


What are the Benefits of CIF Number?

CIF full form, Customer Information File offers following benefits:

  • CIF is used to address customer’s issues and provides targeted services and products.

  • CIF acts as a single source of information to know all about the transaction made by the customers.

  • CIF is mainly used for marketing products to targeted customers. The bank/financial service provider analyses the behaviour of the customer and with the help of the data collected, markets the target products to them.

FAQs (Frequently Asked Questions)

1. What is the Full Meaning of CIF?

Ans: The full meaning of CIF is Customer Information File. It is a unique number that is given to every account holder in the bank. CIF number is related to the file on the system that comprises various personal and account-related information of all the customers who opened their accounts with the bank. It is a significant number for all the banks using which customers can easily check out their account details and other account-related information.

2. How Many CIF Numbers Can a Person Have?

Ans: Earlier there were multiple CIF numbers for a single person with a bank. But now, as per the guidelines issued by the RBI, a person can have only one CIF with the bank. All the accounts should be linked with the same.

3. How Many Digits are there in the CIF Number?

Ans: CIF number long-form is Customer Information File. It is an 11 digit unique number issued by the bank when anyone opens an account with the bank.

4. What Does CIF ID Mean in the Post Office?

Ans: There is no difference between Internet Banking Customer ID and CIF number. This customer's bank account number is different from the CIF number. All the accounts opened in the post office by the customer will be linked to his CIF number. CIF number will be issued by the post office if you have invested in any scheme in the post office like NSC, saving accounts, KVP, etc. 

5. Is it Safe to Share CIV Numbers?

Ans: Yes, it is safe to share your CIF number with someone from the bank as the number is coded for transparent banking and to avoid confusion.

6. How Can I Find the CIF Number in the Passbook?

Ans: Open the first page of your bank passbook to find the CIF number. You will find your CIF number printed above your bank account number. You can use your bank account statement if you don't have your passbook. The CIF number will be mentioned on the top part of your bank account statement.