For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Icici Bank Limited for its Balotra Urban Co-Operative Bank Ltd branch in Barmer, Balotra, Rajasthan, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Icici Bank Limited located in Barmer or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code ICIC00BALUC. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Icici Bank Limited, Balotra Urban Co-Operative Bank Ltd, Barmer
Here are the main details that are associated with the IFSC Code ICIC00BALUC of Icici Bank Limited for its branch located in Barmer, within the district of Balotra in the state of Rajasthan.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC00BALUC |
| Branch | Balotra Urban Co-Operative Bank Ltd |
| City | Barmer |
| District | Balotra |
| State | Rajasthan |
| Address | Near Telephone Exchange, Industrial Area 1St Phase, Balotra-344022, Rajasthan |
These details are essential not only for online banking users but also for businesses and individuals who use Icici Bank Limited in Barmer for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC00BALUC for the Balotra Urban Co-Operative Bank Ltd branch of Icici Bank Limited plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Icici Bank Limited located in Balotra Urban Co-Operative Bank Ltd, Barmer, Rajasthan, is provided a unique IFSC like ICIC00BALUC so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Icici Bank Limited branch in Barmer.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Barmer and Balotra.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Rajasthan and the rest of India, the IFSC Code ensures that transactions meant for Icici Bank Limited in Balotra Urban Co-Operative Bank Ltd do not get misguided to another person.
Format of the IFSC Code ICIC00BALUC
The format of the IFSC Code for banks, including Icici Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Icici Bank Limited, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Balotra Urban Co-Operative Bank Ltd in Barmer.
For example, the IFSC Code ICIC00BALUC of Icici Bank Limited for the Balotra Urban Co-Operative Bank Ltd branch includes these elements, identifying the bank and the branch location in Barmer and Rajasthan accurately.
How to Find IFSC Code for Icici Bank Limited?
If you are trying to find the IFSC Code ICIC00BALUC of Icici Bank Limited for its Balotra Urban Co-Operative Bank Ltd branch located in Barmer, 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 Barmer and Balotra, 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 Balotra Urban Co-Operative Bank Ltd or Barmer to get the exact IFSC Code ICIC00BALUC.
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 Barmer, you'll get the correct details.
How to Use IFSC Code ICIC00BALUC for Online Transfers?
Once you have the IFSC Code ICIC00BALUC for the Balotra Urban Co-Operative Bank Ltd branch of Icici Bank Limited in Barmer, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC00BALUC. 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 ICIC00BALUC.
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 Balotra Urban Co-Operative Bank Ltd in Barmer 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 Balotra Urban Co-Operative Bank Ltd, 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 Barmer to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC00BALUC.
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 Near Telephone Exchange, Industrial Area 1St Phase, Balotra-344022, Rajasthan located in Barmer, Balotra, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.