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 Galatga Bedkihal Ex branch in Belgaum, Galatga, Karnataka, 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 Belgaum or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code ICIC0006516. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Icici Bank Limited, Galatga Bedkihal Ex, Belgaum
Here are some of the key details that come with the IFSC Code ICIC0006516 of Icici Bank Limited for its branch located in Belgaum, within the district of Galatga in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0006516 |
| Branch | Galatga Bedkihal Ex |
| City | Belgaum |
| District | Galatga |
| State | Karnataka |
| Address | Icici Bank Ltd., 593Padma Amba Niwas,Galatga,Teh.Chikodi.591219 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Icici Bank Limited in Belgaum for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0006516 for the Galatga Bedkihal Ex 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Icici Bank Limited located in Galatga Bedkihal Ex, Belgaum, Karnataka, are given a unique IFSC like ICIC0006516 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Belgaum.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Belgaum and Galatga.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Icici Bank Limited in Galatga Bedkihal Ex goes to the correct branch. This is important because Icici Bank Limited has thousands of branches in Karnataka and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code ICIC0006516
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 Galatga Bedkihal Ex in Belgaum.
For example, the IFSC Code ICIC0006516 of Icici Bank Limited for the Galatga Bedkihal Ex branch includes these elements, identifying the bank and the branch location in Belgaum and Karnataka accurately.
How to Find IFSC Code for Icici Bank Limited?
If you are looking for the IFSC Code ICIC0006516 of Icici Bank Limited for its Galatga Bedkihal Ex branch located in Belgaum, the following methods can help:
Cheque Book
The cheque book that is issued by Icici Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Icici Bank Limited branches in Belgaum and Galatga, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Icici Bank Limited and look for the branch locator section, then search for Galatga Bedkihal Ex or Belgaum to get the exact IFSC Code ICIC0006516.
Mobile Banking App
If you use Icici Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Icici Bank Limited and Belgaum, then it will provide you proper information.
How to Use IFSC Code ICIC0006516 for Online Transfers?
If you have the IFSC Code ICIC0006516 for the Galatga Bedkihal Ex branch of Icici Bank Limited in Belgaum, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0006516. Transfers are processed in batches. 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. Asks for the recipient's account details and Icici Bank Limited IFSC Code ICIC0006516.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Icici Bank Limited Galatga Bedkihal Ex in Belgaum, it 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 Galatga Bedkihal Ex, 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 ICIC0006516.
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., 593Padma Amba Niwas,Galatga,Teh.Chikodi.591219 located in Belgaum, Galatga, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.