For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Icici Bank Limited for its Parsada branch in Bilaspur, Bilaspur, Chhattisgarh, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Icici Bank Limited located in Bilaspur or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code ICIC0004352. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Icici Bank Limited, Parsada, Bilaspur
Here are the key points that are associated with the IFSC Code ICIC0004352 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 | ICIC0004352 |
| Branch | Parsada |
| City | Bilaspur |
| District | Bilaspur |
| State | Chhattisgarh |
| Address | Icici Bank Ltd., Vardhaman Complex, Raipur Road, Parsada.495220, Dist. Bilaspur, Chhattisgarh |
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 ICIC0004352 for the Parsada 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, along with Icici Bank Limited located in Parsada, Bilaspur, Chhattisgarh, are allotted a unique IFSC like ICIC0004352 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bilaspur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Bilaspur and Bilaspur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Icici Bank Limited in Parsada reaches the right place, even though there are thousands of branches in Chhattisgarh and across India.
Format of the IFSC Code ICIC0004352
The format of the IFSC Code for banks, including Icici Bank Limited, has 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 Parsada in Bilaspur.
For example, the IFSC Code ICIC0004352 of Icici Bank Limited for the Parsada branch includes these elements, identifying the bank and the branch location in Bilaspur and Chhattisgarh correctly.
How to Find IFSC Code for Icici Bank Limited?
To find the IFSC Code ICIC0004352 of Icici Bank Limited for its Parsada branch located in Bilaspur, 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 Bilaspur and Bilaspur, 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 Parsada or Bilaspur to find the exact IFSC Code ICIC0004352.
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 Bilaspur will provide accurate information.
How to Use IFSC Code ICIC0004352 for Online Transfers?
Once you have the IFSC Code ICIC0004352 for the Parsada branch of Icici Bank Limited in Bilaspur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ICIC0004352. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 ICIC0004352.
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 Parsada in Bilaspur, your payment can get delayed or might not go through at all.
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 Parsada, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Bilaspur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Parsada Bilaspur branch is ICIC0004352.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Icici Bank Ltd., Vardhaman Complex, Raipur Road, Parsada.495220, Dist. Bilaspur, Chhattisgarh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.