Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Icici Bank Limited for its Ashok Sahakari Bank Ltd branch in Ahmadnagar, Ahmadnagar, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Icici Bank Limited located in Ahmadnagar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ICIC00ASHSB. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Icici Bank Limited, Ashok Sahakari Bank Ltd, Ahmadnagar

The table below shows the main details of the IFSC Code ICIC00ASHSB for the Icici Bank Limited branch in Ahmadnagar, which falls under the Ahmadnagar district in Maharashtra.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC00ASHSB
Branch Ashok Sahakari Bank Ltd
City Ahmadnagar
District Ahmadnagar
State Maharashtra
Address Chatrapati Shivaji Maharaj Sankul Kothi Road Market Yard Ahmednagar - 414001

These details are important not only for users using online banking but also for businesses and individuals who use Icici Bank Limited in Ahmadnagar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ICIC00ASHSB for the Ashok Sahakari Bank Ltd branch of Icici Bank Limited is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Icici Bank Limited located in Ashok Sahakari Bank Ltd, Ahmadnagar, Maharashtra, are allotted a unique IFSC like ICIC00ASHSB to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Ahmadnagar.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Ahmadnagar and Ahmadnagar.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Icici Bank Limited in Ashok Sahakari Bank Ltd reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code ICIC00ASHSB

This is the format of the IFSC Code for banks, including Icici Bank Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Icici Bank Limited, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Ashok Sahakari Bank Ltd in Ahmadnagar.

For example, the IFSC Code ICIC00ASHSB of Icici Bank Limited for the Ashok Sahakari Bank Ltd branch includes these elements, identifying the bank and the branch location in Ahmadnagar and Maharashtra accurately.

How to Find IFSC Code for Icici Bank Limited?

If you are trying to find the IFSC Code ICIC00ASHSB of Icici Bank Limited for its Ashok Sahakari Bank Ltd branch located in Ahmadnagar, the following methods can help:

Cheque Book

The cheque books that are issued by Icici Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Icici Bank Limited branches in Ahmadnagar and Ahmadnagar, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Icici Bank Limited and find the branch locator section. Search for Ashok Sahakari Bank Ltd or Ahmadnagar to get the exact IFSC Code ICIC00ASHSB.

Mobile Banking App

If you use Icici Bank Limited's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Icici Bank Limited and Ahmadnagar that will provide accurate information.

How to Use IFSC Code ICIC00ASHSB for Online Transfers?

Once you have the IFSC Code ICIC00ASHSB for the Ashok Sahakari Bank Ltd branch of Icici Bank Limited in Ahmadnagar, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ICIC00ASHSB. Transfers are processed in batches. This is suitable for personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Requires the recipient's account details and Icici Bank Limited IFSC Code ICIC00ASHSB.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Icici Bank Limited Ashok Sahakari Bank Ltd in Ahmadnagar may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Icici Bank Limited in Ashok Sahakari Bank Ltd, here are some ways that you can get it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Icici Bank Limited website.
  • Search the RBI portal.

If you know both IFSC and MICR codes, then it can help account holders in Ahmadnagar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited Ashok Sahakari Bank Ltd Ahmadnagar?

The IFSC Code of the Ashok Sahakari Bank Ltd Ahmadnagar branch is ICIC00ASHSB.

Is IFSC Code ICIC00ASHSB permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Icici Bank Limited Ashok Sahakari Bank Ltd branch?

The branch is located at Chatrapati Shivaji Maharaj Sankul Kothi Road Market Yard Ahmednagar - 414001.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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