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IFSC Code of Icici Bank Limited, Varal, Sihor, Gujarat — ICIC0002877

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 Varal branch in Bhavnagar, Sihor, or Gujarat, 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 Bhavnagar or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code ICIC0002877. 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, Varal, Bhavnagar

The table below shows the main details of the IFSC Code ICIC0002877 for the Icici Bank Limited branch in Bhavnagar, which falls under the Sihor district in Gujarat.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0002877
Branch Varal
City Bhavnagar
District Sihor
State Gujarat
Address Icici Bank Ltd., Village Varal, Sub District Sihor, District Bhavnagar, Gujarat.364240

These details are crucial, not just for online banking users but also for businesses and individuals who use Icici Bank Limited in Bhavnagar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0002877 for the Varal 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 that is provided by the Reserve Bank of India. A unique IFSC like ICIC0002877 is given to every bank branch, including Icici Bank Limited located in Varal, Bhavnagar, Gujarat, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Icici Bank Limited branch in Bhavnagar.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Bhavnagar and Sihor.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for Icici Bank Limited in Varal doesn't end up at another location.

Format of the IFSC Code ICIC0002877

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 Varal in Bhavnagar.

For example, the IFSC Code ICIC0002877 of Icici Bank Limited for the Varal branch includes these elements, identifying the bank and the branch location in Bhavnagar and Gujarat accurately.

How to Find IFSC Code for Icici Bank Limited?

To find the IFSC Code ICIC0002877 of Icici Bank Limited for its Varal branch located in Bhavnagar, 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 Bhavnagar and Sihor, 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 Varal or Bhavnagar to find the exact IFSC Code ICIC0002877.

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 Bhavnagar will provide accurate information.

How to Use IFSC Code ICIC0002877 for Online Transfers?

Once you have the IFSC Code ICIC0002877 for the Varal branch of Icici Bank Limited in Bhavnagar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code ICIC0002877. The transfer is completed in batches instead of instantly. It is useful for both 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 ICIC0002877.

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 Varal in Bhavnagar, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Icici Bank Limited in Varal, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Bhavnagar manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited in Varal, Bhavnagar?

The IFSC Code is ICIC0002877.

Is the IFSC Code ICIC0002877 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 Varal?

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 Varal branch?

The address of the branch is Icici Bank Ltd., Village Varal, Sub District Sihor, District Bhavnagar, Gujarat.364240 located in Bhavnagar, Sihor, Gujarat.

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.

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