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 Sector Xv C Chandigarh branch in Chandigarh, Chandigarh, Chandigarh, 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 Chandigarh or anywhere in Chandigarh can easily transfer funds instantly by using the correct IFSC Code ICIC0002429. 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, Sector Xv C Chandigarh, Chandigarh
The table below shows the main details of the IFSC Code ICIC0002429 for the Icici Bank Limited branch in Chandigarh, which falls under the Chandigarh district in Chandigarh.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0002429 |
| Branch | Sector Xv C Chandigarh |
| City | Chandigarh |
| District | Chandigarh |
| State | Chandigarh |
| Address | Icici Bank Ltd., Sco.2, Sector 15.C, Chandigarh.160015 |
These details helps users in online banking and for businesses and individuals who use Icici Bank Limited in Chandigarh for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0002429 for the Sector Xv C Chandigarh 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Icici Bank Limited located in Sector Xv C Chandigarh, Chandigarh, Chandigarh, is provided a unique IFSC like ICIC0002429 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Icici Bank Limited branch in Chandigarh.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Chandigarh and Chandigarh.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Chandigarh and the rest of India, the IFSC Code ensures that transactions meant for Icici Bank Limited in Sector Xv C Chandigarh do not get misguided to another person.
Format of the IFSC Code ICIC0002429
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): These represent the bank code. In Icici Bank Limited, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Sector Xv C Chandigarh in Chandigarh.
For example, the IFSC Code ICIC0002429 of Icici Bank Limited for the Sector Xv C Chandigarh branch has these elements, identifying the bank and the branch location in Chandigarh and Chandigarh correctly.
How to Find IFSC Code for Icici Bank Limited?
To find the IFSC Code ICIC0002429 of Icici Bank Limited for its Sector Xv C Chandigarh branch located in Chandigarh, 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 Chandigarh and Chandigarh, 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 Sector Xv C Chandigarh or Chandigarh to find the exact IFSC Code ICIC0002429.
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 Chandigarh will provide accurate information.
How to Use IFSC Code ICIC0002429 for Online Transfers?
Once you have the IFSC Code ICIC0002429 for the Sector Xv C Chandigarh branch of Icici Bank Limited in Chandigarh, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0002429. Transfers are processed in batches. This is 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. Requires the recipient's account details and Icici Bank Limited IFSC Code ICIC0002429.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Icici Bank Limited Sector Xv C Chandigarh in Chandigarh 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 Sector Xv C Chandigarh, 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 Chandigarh manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0002429.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Icici Bank Ltd., Sco.2, Sector 15.C, Chandigarh.160015 located in Chandigarh, Chandigarh, Chandigarh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.