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 Coimbatoresaibaba Colony Tamilnadu branch in Coimbatore, Coimbatore, Tamil Nadu, 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 Coimbatore or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code ICIC0001550. 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, Coimbatoresaibaba Colony Tamilnadu, Coimbatore

Below in the table are the key details related to IFSC Code ICIC0001550 of Icici Bank Limited for its branch located in Coimbatore, within the district of Coimbatore in the state of Tamil Nadu.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0001550
Branch Coimbatoresaibaba Colony Tamilnadu
City Coimbatore
District Coimbatore
State Tamil Nadu
Address Icici Bank Ltd., 54, Bharathi Park, 7Th Cross Road, Saibaba Colony, Coimbatore Coimbatore Dist., Tamil Nadu.641043

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 ICIC0001550 for the Coimbatoresaibaba Colony Tamilnadu 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, along with Icici Bank Limited located in Coimbatoresaibaba Colony Tamilnadu, Coimbatore, Tamil Nadu, are allotted a unique IFSC like ICIC0001550 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Coimbatore.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Coimbatore and Coimbatore.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Icici Bank Limited in Coimbatoresaibaba Colony Tamilnadu reaches the right place, even though there are thousands of branches in Tamil Nadu and across India.

Format of the IFSC Code ICIC0001550

The format of the IFSC Code for banks, including Icici Bank Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Icici Bank Limited, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Coimbatoresaibaba Colony Tamilnadu in Coimbatore.

For example, the IFSC Code ICIC0001550 of Icici Bank Limited for the Coimbatoresaibaba Colony Tamilnadu branch includes these elements, identifying the bank and the branch location in Coimbatore and Tamil Nadu accurately.

How to Find IFSC Code for Icici Bank Limited?

If you are looking for the IFSC Code ICIC0001550 of Icici Bank Limited for its Coimbatoresaibaba Colony Tamilnadu 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 Coimbatoresaibaba Colony Tamilnadu or Coimbatore to get the exact IFSC Code ICIC0001550.

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 ICIC0001550 for Online Transfers?

Once you have the IFSC Code ICIC0001550 for the Coimbatoresaibaba Colony Tamilnadu 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 ICIC0001550. 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 ICIC0001550.

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 Coimbatoresaibaba Colony Tamilnadu in Coimbatore, it can 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 Coimbatoresaibaba Colony Tamilnadu, 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 Coimbatore to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited in Coimbatoresaibaba Colony Tamilnadu, Coimbatore?

The IFSC Code is ICIC0001550.

Is the IFSC Code ICIC0001550 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 Coimbatoresaibaba Colony Tamilnadu?

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 Coimbatoresaibaba Colony Tamilnadu branch?

The address of the branch is Icici Bank Ltd., 54, Bharathi Park, 7Th Cross Road, Saibaba Colony, Coimbatore Coimbatore Dist., Tamil Nadu.641043 located in Coimbatore, Coimbatore, 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.

Nearby ICICI BANK LIMITED Branches

Back to Top