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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Icici Bank Limited for its Penukonda Kiamotors branch in Anantapur, Penukonda, Andhra Pradesh, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Icici Bank Limited located in Anantapur or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code ICIC0004394. 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, Penukonda Kiamotors, Anantapur
Below in the table are the key details related to IFSC Code ICIC0004394 of Icici Bank Limited for its branch located in Anantapur, within the district of Penukonda in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0004394 |
| Branch | Penukonda Kiamotors |
| City | Anantapur |
| District | Penukonda |
| State | Andhra Pradesh |
| Address | Icici Bank Ltd., Servey No 479.1, Main Road, Near Kia Motors, Ammavari Palli Village, Munimadugu Panchayathi, Penukonda.515164, Andhra Pradesh |
These details helps users in online banking and for businesses and individuals who use Icici Bank Limited in Anantapur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0004394 for the Penukonda Kiamotors branch of Icici Bank Limited plays a vital role.
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 Penukonda Kiamotors, Anantapur, Andhra Pradesh, are given a unique IFSC like ICIC0004394 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Anantapur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Anantapur and Penukonda.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Icici Bank Limited in Penukonda Kiamotors goes to the correct branch. This is important because Icici Bank Limited has thousands of branches in Andhra Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code ICIC0004394
The format of the IFSC Code for banks, including Icici Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Icici Bank Limited, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Penukonda Kiamotors in Anantapur.
For example, the IFSC Code ICIC0004394 of Icici Bank Limited for the Penukonda Kiamotors branch includes these elements, identifying the bank and the branch location in Anantapur and Andhra Pradesh accurately.
How to Find IFSC Code for Icici Bank Limited?
If you are trying to find the IFSC Code ICIC0004394 of Icici Bank Limited for its Penukonda Kiamotors branch located in Anantapur, the following methods can help:
Cheque Book
The cheque book issued by Icici Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Icici Bank Limited branches in Anantapur and Penukonda, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Icici Bank Limited and navigate to the branch locator section. Search for Penukonda Kiamotors or Anantapur to get the exact IFSC Code ICIC0004394.
Mobile Banking App
If you use Icici Bank Limited's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Icici Bank Limited and Anantapur, you'll get the correct details.
How to Use IFSC Code ICIC0004394 for Online Transfers?
Once you have the IFSC Code ICIC0004394 for the Penukonda Kiamotors branch of Icici Bank Limited in Anantapur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0004394. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Icici Bank Limited IFSC Code ICIC0004394.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Icici Bank Limited Penukonda Kiamotors in Anantapur, it can 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 Penukonda Kiamotors, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Anantapur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0004394.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Icici Bank Ltd., Servey No 479.1, Main Road, Near Kia Motors, Ammavari Palli Village, Munimadugu Panchayathi, Penukonda.515164, Andhra Pradesh located in Anantapur, Penukonda, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.