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 Manjlegaon branch in Bid, Manjlegaon, Maharashtra, 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 Bid or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code ICIC0007568. 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, Manjlegaon, Bid

Here are the main details that are associated with the IFSC Code ICIC0007568 of Icici Bank Limited for its branch located in Bid, within the district of Manjlegaon in the state of Maharashtra.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0007568
Branch Manjlegaon
City Bid
District Manjlegaon
State Maharashtra
Address Icici Bank Ltd., Shop No. 29/30/31, Tawani Complex, Gevarai Road, Manjlegaon, Dist. Beed, Maharashtra.431131

These details are crucial, not just for online banking users but also for businesses and individuals who use Icici Bank Limited in Bid for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0007568 for the Manjlegaon 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, including Icici Bank Limited located in Manjlegaon, Bid, Maharashtra, is provided with a unique IFSC like ICIC0007568 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Icici Bank Limited branch in Bid.
  • 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 Bid and Manjlegaon.
  • 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 Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Icici Bank Limited in Manjlegaon do not get mixed with another location.

Format of the IFSC Code ICIC0007568

The format of the IFSC Code for banks, including Icici Bank Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Icici Bank Limited, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Manjlegaon in Bid.

For example, the IFSC Code ICIC0007568 of Icici Bank Limited for the Manjlegaon branch includes these elements, identifying the bank and the branch location in Bid and Maharashtra accurately.

How to Find IFSC Code for Icici Bank Limited?

If you are trying to find the IFSC Code ICIC0007568 of Icici Bank Limited for its Manjlegaon branch located in Bid, the following methods can help:

Cheque Book

The cheque books that are issued by Icici Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Icici Bank Limited branches in Bid and Manjlegaon, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Icici Bank Limited and find the branch locator section. Search for Manjlegaon or Bid to get the exact IFSC Code ICIC0007568.

Mobile Banking App

If you use Icici Bank Limited's mobile app, you can easily 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 to help you in searching for Icici Bank Limited and Bid that will provide accurate information.

How to Use IFSC Code ICIC0007568 for Online Transfers?

Once you have the IFSC Code ICIC0007568 for the Manjlegaon branch of Icici Bank Limited in Bid, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code ICIC0007568. 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 ICIC0007568.

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 Manjlegaon in Bid, your payment can get delayed or might not go through at all.

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 Manjlegaon, 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 Bid manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited in Manjlegaon, Bid?

The IFSC Code is ICIC0007568.

Is the IFSC Code ICIC0007568 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 Manjlegaon?

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 Manjlegaon branch?

The address of the branch is Icici Bank Ltd., Shop No. 29/30/31, Tawani Complex, Gevarai Road, Manjlegaon, Dist. Beed, Maharashtra.431131 located in Bid, Manjlegaon, 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.