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 Bilaspurmangala Chowk branch in Bilaspur, Bilaspur, Chhattisgarh, 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 Bilaspur or anywhere in Chhattisgarh can easily transfer funds instantly by using the correct IFSC Code ICIC0001814. 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, Bilaspurmangala Chowk, Bilaspur
Below in the table are the key details related to IFSC Code ICIC0001814 of Icici Bank Limited for its branch located in Bilaspur, within the district of Bilaspur in the state of Chhattisgarh.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0001814 |
| Branch | Bilaspurmangala Chowk |
| City | Bilaspur |
| District | Bilaspur |
| State | Chhattisgarh |
| Address | Icici Bank Ltd., Mungeli Road, Beside Hanuman Mandir, Near 36 Mall, Vikas Nagar, Mangla Chowk, Bilaspur Chhattisgarh.495001 |
These details helps users in online banking and for businesses and individuals who use Icici Bank Limited in Bilaspur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0001814 for the Bilaspurmangala Chowk 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 that is provided by the Reserve Bank of India. A unique IFSC like ICIC0001814 is given to every bank branch, including Icici Bank Limited located in Bilaspurmangala Chowk, Bilaspur, Chhattisgarh, 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 Bilaspur.
- 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 Bilaspur and Bilaspur.
- 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 Chhattisgarh and the rest of India, which is why the IFSC Code ensures that transactions meant for Icici Bank Limited in Bilaspurmangala Chowk doesn't end up at another location.
Format of the IFSC Code ICIC0001814
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 Bilaspurmangala Chowk in Bilaspur.
For example, the IFSC Code ICIC0001814 of Icici Bank Limited for the Bilaspurmangala Chowk branch includes these elements, identifying the bank and the branch location in Bilaspur and Chhattisgarh accurately.
How to Find IFSC Code for Icici Bank Limited?
If you are looking for the IFSC Code ICIC0001814 of Icici Bank Limited for its Bilaspurmangala Chowk branch located in Bilaspur, 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 Bilaspur and Bilaspur, 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 Bilaspurmangala Chowk or Bilaspur to get the exact IFSC Code ICIC0001814.
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 Bilaspur, then it will provide you proper information.
How to Use IFSC Code ICIC0001814 for Online Transfers?
Once you have the IFSC Code ICIC0001814 for the Bilaspurmangala Chowk branch of Icici Bank Limited in Bilaspur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0001814. 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 ICIC0001814.
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 Bilaspurmangala Chowk in Bilaspur, it can 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 Bilaspurmangala Chowk, 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 Bilaspur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0001814.
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., Mungeli Road, Beside Hanuman Mandir, Near 36 Mall, Vikas Nagar, Mangla Chowk, Bilaspur Chhattisgarh.495001 located in Bilaspur, Bilaspur, Chhattisgarh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.