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 Madavaram branch in Cuddalore, Cuddalore, 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 Cuddalore or anywhere in Tamil Nadu can easily transfer funds instantly by using the correct IFSC Code ICIC0001902. 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, Madavaram, Cuddalore
Here are some of the key details that come with the IFSC Code ICIC0001902 of Icici Bank Limited for its branch located in Cuddalore, within the district of Cuddalore in the state of Tamil Nadu.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0001902 |
| Branch | Madavaram |
| City | Cuddalore |
| District | Cuddalore |
| State | Tamil Nadu |
| Address | Icici Bank Ltd., No 37, K.P Garden, Madavaram, Chennai,Thiruvallur Dist Tamil Nadu.600060 |
These details are essential not only for online banking users but also for businesses and individuals who use Icici Bank Limited in Cuddalore for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0001902 for the Madavaram branch of Icici Bank Limited plays 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 Madavaram, Cuddalore, Tamil Nadu, are given a unique IFSC like ICIC0001902 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Cuddalore.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Cuddalore and Cuddalore.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Icici Bank Limited in Madavaram goes to the correct branch. This is important because Icici Bank Limited has thousands of branches in Tamil Nadu and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code ICIC0001902
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 Madavaram in Cuddalore.
For example, the IFSC Code ICIC0001902 of Icici Bank Limited for the Madavaram branch includes these elements, identifying the bank and the branch location in Cuddalore and Tamil Nadu accurately.
How to Find IFSC Code for Icici Bank Limited?
To find the IFSC Code ICIC0001902 of Icici Bank Limited for its Madavaram branch located in Cuddalore, the following methods can help you out:
Cheque Book
The cheque book issued by Icici Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Icici Bank Limited branches in Cuddalore and Cuddalore, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Icici Bank Limited and go to the branch locator section. Then search for Madavaram or Cuddalore to find the exact IFSC Code ICIC0001902.
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 maintains an updated database of all IFSC codes. Searching for Icici Bank Limited and Cuddalore will provide accurate information.
How to Use IFSC Code ICIC0001902 for Online Transfers?
Once you have the IFSC Code ICIC0001902 for the Madavaram branch of Icici Bank Limited in Cuddalore, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ICIC0001902. The transfer is completed in batches instead of instantly. It is useful for both personal and business payments.
RTGS
Used for high-value payments above ₹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 ICIC0001902.
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 Madavaram in Cuddalore, 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 Madavaram, 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 Cuddalore to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0001902.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Icici Bank Ltd., No 37, K.P Garden, Madavaram, Chennai,Thiruvallur Dist Tamil Nadu.600060 located in Cuddalore, Cuddalore, Tamil Nadu.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.