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 Nipani branch in Belgaum, Nipani, 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 ICIC0006502. 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, Nipani, Belgaum

Here are the key points that are associated with the IFSC Code ICIC0006502 of Icici Bank Limited for its branch located in Belgaum, within the district of Nipani in the state of Karnataka.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0006502
Branch Nipani
City Belgaum
District Nipani
State Karnataka
Address Icici Bank Ltd., A.B.Shahs Bldg,Ashoknagar,Nipani,Teh.Chikodi.591237

These details helps users in online banking and for businesses and individuals who use Icici Bank Limited in Belgaum for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0006502 for the Nipani 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 Nipani, Belgaum, Karnataka, is provided with a unique IFSC like ICIC0006502 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 Nipani.
  • 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 Nipani do not get mixed with another location.

Format of the IFSC Code ICIC0006502

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 Nipani in Belgaum.

For example, the IFSC Code ICIC0006502 of Icici Bank Limited for the Nipani 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 trying to find the IFSC Code ICIC0006502 of Icici Bank Limited for its Nipani branch located in Belgaum, 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 Belgaum and Nipani, 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 Nipani or Belgaum to get the exact IFSC Code ICIC0006502.

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 Belgaum, you'll get the correct details.

How to Use IFSC Code ICIC0006502 for Online Transfers?

Once you have the IFSC Code ICIC0006502 for the Nipani branch of Icici Bank Limited in Belgaum, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ICIC0006502. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Icici Bank Limited IFSC Code ICIC0006502.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Icici Bank Limited Nipani in Belgaum, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Icici Bank Limited in Nipani, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Icici Bank Limited website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Belgaum manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited in Nipani, Belgaum?

The IFSC Code is ICIC0006502.

Is the IFSC Code ICIC0006502 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Icici Bank Limited Nipani?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Nipani branch?

The address of the branch is Icici Bank Ltd., A.B.Shahs Bldg,Ashoknagar,Nipani,Teh.Chikodi.591237 located in Belgaum, Nipani, Karnataka.

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.