IFSC Code of Icici Bank Limited, Gandhi Square, Chandrapur, Maharashtra — ICIC0002430

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 Gandhi Square branch in Chandrapur, Chandrapur, Maharashtra, 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 Chandrapur or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code ICIC0002430. 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, Gandhi Square, Chandrapur

Here are some of the key details that come with the IFSC Code ICIC0002430 of Icici Bank Limited for its branch located in Chandrapur, within the district of Chandrapur in the state of Maharashtra.

These details are crucial, not just for online banking users but also for businesses and individuals who use Icici Bank Limited in Chandrapur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0002430 for the Gandhi Square branch of Icici Bank Limited has an important 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, including Icici Bank Limited located in Gandhi Square, Chandrapur, Maharashtra, is provided with a unique IFSC like ICIC0002430 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Icici Bank Limited branch in Chandrapur.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any errors or confusions between multiple branches of the same bank across different places like Chandrapur and Chandrapur.
• It reduces errors in fund transfers and improves accuracy.
• It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Icici Bank Limited in Gandhi Square do not get mixed with another location.

Format of the IFSC Code ICIC0002430

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 Gandhi Square in Chandrapur.

For example, the IFSC Code ICIC0002430 of Icici Bank Limited for the Gandhi Square branch has these elements, identifying the bank and the branch location in Chandrapur and Maharashtra correctly.

How to Find IFSC Code for Icici Bank Limited?

If you are trying to find the IFSC Code ICIC0002430 of Icici Bank Limited for its Gandhi Square branch located in Chandrapur, the following methods can help:

Cheque Book

The cheque book issued by Icici Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Icici Bank Limited branches in Chandrapur and Chandrapur, print them on the first page of your passbook.

Bank Website

Visit the official website of Icici Bank Limited and navigate to the branch locator section. Search for Gandhi Square or Chandrapur to get the exact IFSC Code ICIC0002430.

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 keeps an updated list of all IFSC codes. If you search for Icici Bank Limited and Chandrapur, you'll get the correct details.

How to Use IFSC Code ICIC0002430 for Online Transfers?

Once you have the IFSC Code ICIC0002430 for the Gandhi Square branch of Icici Bank Limited in Chandrapur, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ICIC0002430. 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 ICIC0002430.

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 Gandhi Square in Chandrapur, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Icici Bank Limited in Gandhi Square, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official Icici Bank Limited website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Chandrapur manage online transfers as well as cheque clearances with ease.