There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Icici Bank Limited for its Koramangala branch in Bangalore Urban, Bangalore, Karnataka, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Icici Bank Limited situated in Bangalore Urban or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code ICIC0004820. You should 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, Koramangala, Bangalore Urban
Below in the table are the key details related to IFSC Code ICIC0004820 of Icici Bank Limited for its branch located in Bangalore Urban, within the district of Bangalore in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0004820 |
| Branch | Koramangala |
| City | Bangalore Urban |
| District | Bangalore |
| State | Karnataka |
| Address | Icici Bank Ltd 774 4Th Block 7Th Main 80 Feet Road Koramangala |
These details helps users in online banking and for businesses and individuals who use Icici Bank Limited in Bangalore Urban for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0004820 for the Koramangala 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, including Icici Bank Limited located in Koramangala, Bangalore Urban, Karnataka, is provided with a unique IFSC like ICIC0004820 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Icici Bank Limited branch in Bangalore Urban.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Bangalore Urban and Bangalore.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Karnataka and the rest of India and the IFSC Code ensures that transactions meant for Icici Bank Limited in Koramangala do not get mixed with another location.
Format of the IFSC Code ICIC0004820
The format of the IFSC Code for banks, including Icici Bank Limited, has 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 Koramangala in Bangalore Urban.
For example, the IFSC Code ICIC0004820 of Icici Bank Limited for the Koramangala branch includes these elements, identifying the bank and the branch location in Bangalore Urban and Karnataka correctly.
How to Find IFSC Code for Icici Bank Limited?
To find the IFSC Code ICIC0004820 of Icici Bank Limited for its Koramangala branch located in Bangalore Urban, the following methods can help you out:
Cheque Book
The cheque book issued by Icici Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Icici Bank Limited branches in Bangalore Urban and Bangalore, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Icici Bank Limited and go to the branch locator section. Then search for Koramangala or Bangalore Urban to find the exact IFSC Code ICIC0004820.
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 maintains an updated database of all IFSC codes. Searching for Icici Bank Limited and Bangalore Urban will provide accurate information.
How to Use IFSC Code ICIC0004820 for Online Transfers?
Once you have the IFSC Code ICIC0004820 for the Koramangala branch of Icici Bank Limited in Bangalore Urban, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ICIC0004820. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 ICIC0004820.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Icici Bank Limited Koramangala in Bangalore Urban, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Icici Bank Limited in Koramangala, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Bangalore Urban manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0004820.
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 774 4Th Block 7Th Main 80 Feet Road Koramangala located in Bangalore Urban, Bangalore, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.