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 Kantabanji branch in Balangir, Kantabanji, Odisha, 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 Balangir or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code ICIC0007994. 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, Kantabanji, Balangir

The table below shows the main details of the IFSC Code ICIC0007994 for the Icici Bank Limited branch in Balangir, which falls under the Kantabanji district in Odisha.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0007994
Branch Kantabanji
City Balangir
District Kantabanji
State Odisha
Address Icici Bank Ltd At Sri Rabindra Complex,Opp Police Station,Kantabanji Odisha 767039

These details helps users in online banking and for businesses and individuals who use Icici Bank Limited in Balangir for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0007994 for the Kantabanji 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 that is provided by the Reserve Bank of India. A unique IFSC like ICIC0007994 is given to every bank branch, including Icici Bank Limited located in Kantabanji, Balangir, Odisha, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Icici Bank Limited branch in Balangir.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Balangir and Kantabanji.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for Icici Bank Limited in Kantabanji doesn't end up at another location.

Format of the IFSC Code ICIC0007994

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 Kantabanji in Balangir.

For example, the IFSC Code ICIC0007994 of Icici Bank Limited for the Kantabanji branch includes these elements, identifying the bank and the branch location in Balangir and Odisha accurately.

How to Find IFSC Code for Icici Bank Limited?

If you are trying to find the IFSC Code ICIC0007994 of Icici Bank Limited for its Kantabanji branch located in Balangir, 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

You can easily find the IFSC and MICR codes because most banks, including Icici Bank Limited branches in Balangir and Kantabanji, print them 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 Kantabanji or Balangir to get the exact IFSC Code ICIC0007994.

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 Balangir, you'll get the correct details.

How to Use IFSC Code ICIC0007994 for Online Transfers?

Once you have the IFSC Code ICIC0007994 for the Kantabanji branch of Icici Bank Limited in Balangir, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ICIC0007994. 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 ICIC0007994.

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 Kantabanji in Balangir 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 Kantabanji, 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 Balangir to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited in Kantabanji, Balangir?

The IFSC Code is ICIC0007994.

Is the IFSC Code ICIC0007994 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Icici Bank Limited Kantabanji?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Kantabanji branch?

The address of the branch is Icici Bank Ltd At Sri Rabindra Complex,Opp Police Station,Kantabanji Odisha 767039 located in Balangir, Kantabanji, Odisha.

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.