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 Kollegala branch in Chamarajanagar, Kollegal, or Karnataka, 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 Chamarajanagar or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code ICIC0007885. 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, Kollegala, Chamarajanagar
Here are the key points that are associated with the IFSC Code ICIC0007885 of Icici Bank Limited for its branch located in Chamarajanagar, within the district of Kollegal in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0007885 |
| Branch | Kollegala |
| City | Chamarajanagar |
| District | Kollegal |
| State | Karnataka |
| Address | Icici Bank Ltd., Jaya Institute Road, Door No. 1535/A, Kollegala.571440, Karnataka |
These details helps users in online banking and for businesses and individuals who use Icici Bank Limited in Chamarajanagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0007885 for the Kollegala 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 ICIC0007885 is given to every bank branch, including Icici Bank Limited located in Kollegala, Chamarajanagar, 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 Chamarajanagar.
- 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 Chamarajanagar and Kollegal.
- 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 Kollegala doesn't end up at another location.
Format of the IFSC Code ICIC0007885
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 Kollegala in Chamarajanagar.
For example, the IFSC Code ICIC0007885 of Icici Bank Limited for the Kollegala branch includes these elements, identifying the bank and the branch location in Chamarajanagar and Karnataka accurately.
How to Find IFSC Code for Icici Bank Limited?
If you are trying to find the IFSC Code ICIC0007885 of Icici Bank Limited for its Kollegala branch located in Chamarajanagar, 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 Chamarajanagar and Kollegal, 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 Kollegala or Chamarajanagar to get the exact IFSC Code ICIC0007885.
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 Chamarajanagar that will provide accurate information.
How to Use IFSC Code ICIC0007885 for Online Transfers?
Once you have the IFSC Code ICIC0007885 for the Kollegala branch of Icici Bank Limited in Chamarajanagar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ICIC0007885. 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 ICIC0007885.
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 Kollegala in Chamarajanagar, 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 Kollegala, 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 Chamarajanagar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Kollegala Chamarajanagar branch is ICIC0007885.
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., Jaya Institute Road, Door No. 1535/A, Kollegala.571440, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.