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 Belgaumkolhapur Circle branch in Belgaum, Belgaum, 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 Belgaum or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code ICIC0002417. 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, Belgaumkolhapur Circle, Belgaum
The table below shows the main details of the IFSC Code ICIC0002417 for the Icici Bank Limited branch in Belgaum, which falls under the Belgaum district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0002417 |
| Branch | Belgaumkolhapur Circle |
| City | Belgaum |
| District | Belgaum |
| State | Karnataka |
| Address | Icici Bank Ltd., Mattikop Building, Cts No. 4824C/41 And 42, S. P. Office Road, Opp. Excise Office, Old P. B. Road, Belgaum.590016, Karnataka |
These details are important not only for users using online banking but also for businesses and individuals who use Icici Bank Limited in Belgaum for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ICIC0002417 for the Belgaumkolhapur Circle branch of Icici Bank Limited is vital.
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 Belgaumkolhapur Circle, Belgaum, Karnataka, is provided with a unique IFSC like ICIC0002417 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Icici Bank Limited branch in Belgaum.
- 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 Belgaum and Belgaum.
- 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 Belgaumkolhapur Circle do not get mixed with another location.
Format of the IFSC Code ICIC0002417
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): These represent the bank code. In Icici Bank Limited, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Belgaumkolhapur Circle in Belgaum.
For example, the IFSC Code ICIC0002417 of Icici Bank Limited for the Belgaumkolhapur Circle branch has these elements, identifying the bank and the branch location in Belgaum and Karnataka correctly.
How to Find IFSC Code for Icici Bank Limited?
To find the IFSC Code ICIC0002417 of Icici Bank Limited for its Belgaumkolhapur Circle branch located in Belgaum, 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 Belgaum and Belgaum, 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 Belgaumkolhapur Circle or Belgaum to find the exact IFSC Code ICIC0002417.
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 Belgaum will provide accurate information.
How to Use IFSC Code ICIC0002417 for Online Transfers?
Once you have the IFSC Code ICIC0002417 for the Belgaumkolhapur Circle branch of Icici Bank Limited in Belgaum, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0002417. 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 ICIC0002417.
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 Belgaumkolhapur Circle in Belgaum 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 Belgaumkolhapur Circle, 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 Belgaum to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0002417.
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., Mattikop Building, Cts No. 4824C/41 And 42, S. P. Office Road, Opp. Excise Office, Old P. B. Road, Belgaum.590016, Karnataka located in Belgaum, Belgaum, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.