The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Icici Bank Limited for its Krishnaveni Nagar,Medavakkam branch in Chennai, Chennai, Tamil Nadu, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Icici Bank Limited located in Chennai or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code ICIC0005268. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Icici Bank Limited, Krishnaveni Nagar,Medavakkam, Chennai
Here are the key points that are associated with the IFSC Code ICIC0005268 of Icici Bank Limited for its branch located in Chennai, within the district of Chennai in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0005268 |
| Branch | Krishnaveni Nagar,Medavakkam |
| City | Chennai |
| District | Chennai |
| State | Tamil Nadu |
| Address | Icici Bank Ltd Krishnaveni Nagar Navins Starwoods Towers,Medavakkam Mambakkam Main Road, Vengavasal |
These details are crucial, not just for online banking users but also for businesses and individuals who use Icici Bank Limited in Chennai for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0005268 for the Krishnaveni Nagar,Medavakkam 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Icici Bank Limited located in Krishnaveni Nagar,Medavakkam, Chennai, Tamil Nadu, is provided a unique IFSC like ICIC0005268 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Icici Bank Limited branch in Chennai.
- 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 Chennai and Chennai.
- 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 Tamil Nadu and the rest of India, the IFSC Code ensures that transactions meant for Icici Bank Limited in Krishnaveni Nagar,Medavakkam do not get misguided to another person.
Format of the IFSC Code ICIC0005268
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 Krishnaveni Nagar,Medavakkam in Chennai.
For example, the IFSC Code ICIC0005268 of Icici Bank Limited for the Krishnaveni Nagar,Medavakkam branch includes these elements, identifying the bank and the branch location in Chennai and Tamil Nadu accurately.
How to Find IFSC Code for Icici Bank Limited?
If you are trying to find the IFSC Code ICIC0005268 of Icici Bank Limited for its Krishnaveni Nagar,Medavakkam branch located in Chennai, 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 Chennai and Chennai, 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 Krishnaveni Nagar,Medavakkam or Chennai to get the exact IFSC Code ICIC0005268.
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 Chennai that will provide accurate information.
How to Use IFSC Code ICIC0005268 for Online Transfers?
Once you have the IFSC Code ICIC0005268 for the Krishnaveni Nagar,Medavakkam branch of Icici Bank Limited in Chennai, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ICIC0005268. 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 ICIC0005268.
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 Krishnaveni Nagar,Medavakkam in Chennai, 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 Krishnaveni Nagar,Medavakkam, 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 Chennai to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0005268.
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 Krishnaveni Nagar Navins Starwoods Towers,Medavakkam Mambakkam Main Road, Vengavasal located in Chennai, Chennai, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.