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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Icici Bank Limited for its Coimbatorer S Puram branch in Coimbatore, Coimbatore, Tamil Nadu, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Icici Bank Limited located in Coimbatore or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code ICIC0000342. 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, Coimbatorer S Puram, Coimbatore

The table below shows the main details of the IFSC Code ICIC0000342 for the Icici Bank Limited branch in Coimbatore, which falls under the Coimbatore district in Tamil Nadu.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0000342
Branch Coimbatorer S Puram
City Coimbatore
District Coimbatore
State Tamil Nadu
Address Icici Bank Ltd., 183, Red Rose Towers, D.B. Road, R. S. Puram, Coimbatore.641002

These details are crucial, not just for online banking users but also for businesses and individuals who use Icici Bank Limited in Coimbatore for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0000342 for the Coimbatorer S Puram 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 Coimbatorer S Puram, Coimbatore, Tamil Nadu, is provided with a unique IFSC like ICIC0000342 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Icici Bank Limited branch in Coimbatore.
  • 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 Coimbatore and Coimbatore.
  • 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 Tamil Nadu and the rest of India and the IFSC Code ensures that transactions meant for Icici Bank Limited in Coimbatorer S Puram do not get mixed with another location.

Format of the IFSC Code ICIC0000342

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 Coimbatorer S Puram in Coimbatore.

For example, the IFSC Code ICIC0000342 of Icici Bank Limited for the Coimbatorer S Puram branch has these elements, identifying the bank and the branch location in Coimbatore and Tamil Nadu correctly.

How to Find IFSC Code for Icici Bank Limited?

If you are looking for the IFSC Code ICIC0000342 of Icici Bank Limited for its Coimbatorer S Puram branch located in Coimbatore, the following methods can help:

Cheque Book

The cheque book that is issued by Icici Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Icici Bank Limited branches in Coimbatore and Coimbatore, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Icici Bank Limited and look for the branch locator section, then search for Coimbatorer S Puram or Coimbatore to get the exact IFSC Code ICIC0000342.

Mobile Banking App

If you use Icici Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Icici Bank Limited and Coimbatore, then it will provide you proper information.

How to Use IFSC Code ICIC0000342 for Online Transfers?

Once you have the IFSC Code ICIC0000342 for the Coimbatorer S Puram branch of Icici Bank Limited in Coimbatore, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ICIC0000342. 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 ICIC0000342.

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 Coimbatorer S Puram in Coimbatore, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Icici Bank Limited in Coimbatorer S Puram, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Coimbatore manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited Coimbatorer S Puram Coimbatore?

The IFSC Code of the Coimbatorer S Puram Coimbatore branch is ICIC0000342.

Is IFSC Code ICIC0000342 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Icici Bank Limited Coimbatorer S Puram branch?

The branch is located at Icici Bank Ltd., 183, Red Rose Towers, D.B. Road, R. S. Puram, Coimbatore.641002.

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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