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 Mahesh Urban Coop Bank Ltd branch in Beed, Parlivaijnath, 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 Beed or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ICIC00MUCBL. 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, Mahesh Urban Coop Bank Ltd, Beed

Here are the main details that are associated with the IFSC Code ICIC00MUCBL of Icici Bank Limited for its branch located in Beed, within the district of Parlivaijnath in the state of Maharashtra.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC00MUCBL
Branch Mahesh Urban Coop Bank Ltd
City Beed
District Parlivaijnath
State Maharashtra
Address Kore Building Tailar Lane Parlivaijnath Taluk Parli Vaijanth Dist Beed 431515

These details are crucial, not just for online banking users but also for businesses and individuals who use Icici Bank Limited in Beed for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC00MUCBL for the Mahesh Urban Coop Bank Ltd branch of Icici Bank Limited has 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 Mahesh Urban Coop Bank Ltd, Beed, Maharashtra, is provided a unique IFSC like ICIC00MUCBL so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Icici Bank Limited branch in Beed.
  • 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 Beed and Parlivaijnath.
  • 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 Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Icici Bank Limited in Mahesh Urban Coop Bank Ltd do not get misguided to another person.

Format of the IFSC Code ICIC00MUCBL

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 Mahesh Urban Coop Bank Ltd in Beed.

For example, the IFSC Code ICIC00MUCBL of Icici Bank Limited for the Mahesh Urban Coop Bank Ltd branch includes these elements, identifying the bank and the branch location in Beed and Maharashtra accurately.

How to Find IFSC Code for Icici Bank Limited?

To find the IFSC Code ICIC00MUCBL of Icici Bank Limited for its Mahesh Urban Coop Bank Ltd branch located in Beed, 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 Beed and Parlivaijnath, 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 Mahesh Urban Coop Bank Ltd or Beed to find the exact IFSC Code ICIC00MUCBL.

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 Beed will provide accurate information.

How to Use IFSC Code ICIC00MUCBL for Online Transfers?

Once you have the IFSC Code ICIC00MUCBL for the Mahesh Urban Coop Bank Ltd branch of Icici Bank Limited in Beed, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code ICIC00MUCBL. 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 ICIC00MUCBL.

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 Mahesh Urban Coop Bank Ltd in Beed, your payment can get delayed or might not go through at all.

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 Mahesh Urban Coop 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 Beed 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 Mahesh Urban Coop Bank Ltd, Beed?

The IFSC Code is ICIC00MUCBL.

Is the IFSC Code ICIC00MUCBL 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 Mahesh Urban Coop Bank Ltd?

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 Mahesh Urban Coop Bank Ltd branch?

The address of the branch is Kore Building Tailar Lane Parlivaijnath Taluk Parli Vaijanth Dist Beed 431515 located in Beed, Parlivaijnath, Maharashtra.

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.