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 Bidar branch in Bidar, Bidar, 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 Bidar or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code ICIC0000738. 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, Bidar, Bidar

Here are some of the key details that come with the IFSC Code ICIC0000738 of Icici Bank Limited for its branch located in Bidar, within the district of Bidar in the state of Karnataka.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0000738
Branch Bidar
City Bidar
District Bidar
State Karnataka
Address Icici Bank Ltd., No. 8.9. 218/1 Shiva International, Beside Reliance Petrol Pump, Udgir Road, Bidar.585403

These details are important not only for users using online banking but also for businesses and individuals who use Icici Bank Limited in Bidar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ICIC0000738 for the Bidar 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 that is provided by the Reserve Bank of India. A unique IFSC like ICIC0000738 is given to every bank branch, including Icici Bank Limited located in Bidar, Bidar, Karnataka, 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 Bidar.
  • 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 Bidar and Bidar.
  • 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 Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for Icici Bank Limited in Bidar doesn't end up at another location.

Format of the IFSC Code ICIC0000738

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): Show the bank code. For Icici Bank Limited, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Bidar in Bidar.

For example, the IFSC Code ICIC0000738 of Icici Bank Limited for the Bidar branch includes these elements, identifying the bank and the branch location in Bidar and Karnataka accurately.

How to Find IFSC Code for Icici Bank Limited?

To find the IFSC Code ICIC0000738 of Icici Bank Limited for its Bidar branch located in Bidar, 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 Bidar and Bidar, 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 Bidar or Bidar to find the exact IFSC Code ICIC0000738.

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 Bidar will provide accurate information.

How to Use IFSC Code ICIC0000738 for Online Transfers?

If you have the IFSC Code ICIC0000738 for the Bidar branch of Icici Bank Limited in Bidar, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ICIC0000738. 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 ICIC0000738.

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 Bidar in Bidar, 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 Bidar, 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 Bidar to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

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

The IFSC Code is ICIC0000738.

Is the IFSC Code ICIC0000738 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 Bidar?

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 Bidar branch?

The address of the branch is Icici Bank Ltd., No. 8.9. 218/1 Shiva International, Beside Reliance Petrol Pump, Udgir Road, Bidar.585403 located in Bidar, Bidar, 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.