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 Madipakkam Sadasivam Nagar Branch branch in Chennai, Chennai, Tamil Nadu, 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 Chennai or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code ICIC0007618. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Icici Bank Limited, Madipakkam Sadasivam Nagar Branch, Chennai

Here are some of the key details that come with the IFSC Code ICIC0007618 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 ICIC0007618
Branch Madipakkam Sadasivam Nagar Branch
City Chennai
District Chennai
State Tamil Nadu
Address Icici Bank Ltd., 34, Velacgery.Madipakkam Main Road, Sadasivam Nagar, Madipakkam.600091, Tamil Nadu

These details help users in online banking and for businesses and individuals who use Icici Bank Limited in Chennai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0007618 for the Madipakkam Sadasivam Nagar Branch branch of Icici Bank Limited has a very 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 Madipakkam Sadasivam Nagar Branch, Chennai, Tamil Nadu, is provided a unique IFSC like ICIC0007618 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 Madipakkam Sadasivam Nagar Branch do not get misguided to another person.

Format of the IFSC Code ICIC0007618

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 Madipakkam Sadasivam Nagar Branch in Chennai.

For example, the IFSC Code ICIC0007618 of Icici Bank Limited for the Madipakkam Sadasivam Nagar Branch branch includes these elements, identifying the bank and the branch location in Chennai and Tamil Nadu correctly.

How to Find IFSC Code for Icici Bank Limited?

If you are trying to find the IFSC Code ICIC0007618 of Icici Bank Limited for its Madipakkam Sadasivam Nagar Branch branch located in Chennai, 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

Most banks, including Icici Bank Limited branches in Chennai and Chennai, print the IFSC and MICR codes 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 Madipakkam Sadasivam Nagar Branch or Chennai to get the exact IFSC Code ICIC0007618.

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 Chennai, you'll get the correct details.

How to Use IFSC Code ICIC0007618 for Online Transfers?

Once you have the IFSC Code ICIC0007618 for the Madipakkam Sadasivam Nagar Branch branch of Icici Bank Limited in Chennai, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ICIC0007618. 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 ICIC0007618.

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 Madipakkam Sadasivam Nagar Branch in Chennai, 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 Madipakkam Sadasivam Nagar Branch, 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 Chennai manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited in Madipakkam Sadasivam Nagar Branch, Chennai?

The IFSC Code is ICIC0007618.

Is the IFSC Code ICIC0007618 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Icici Bank Limited Madipakkam Sadasivam Nagar Branch?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Madipakkam Sadasivam Nagar Branch branch?

The address of the branch is Icici Bank Ltd., 34, Velacgery.Madipakkam Main Road, Sadasivam Nagar, Madipakkam.600091, Tamil Nadu located in Chennai, Chennai, Tamil Nadu.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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