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 Silvasa branch in Dadra And Nagar Haveli, Silvasa, Dadra And Nagar Haveli, 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 Dadra And Nagar Haveli or anywhere in Dadra And Nagar Haveli can transfer funds instantly by using the correct IFSC Code ICIC0000422. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Icici Bank Limited, Silvasa, Dadra And Nagar Haveli
The table below shows the main details of the IFSC Code ICIC0000422 for the Icici Bank Limited branch in Dadra And Nagar Haveli, which falls under the Silvasa district in Dadra And Nagar Haveli.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0000422 |
| Branch | Silvasa |
| City | Dadra And Nagar Haveli |
| District | Silvasa |
| State | Dadra And Nagar Haveli |
| Address | Icici Bank Ltd., Ground Floor, Hotel Vishwanath Building, Silvass Charrasta,Naroli Silvassa Road, Silvassa.396230 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Icici Bank Limited in Dadra And Nagar Haveli for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0000422 for the Silvasa 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 Silvasa, Dadra And Nagar Haveli, Dadra And Nagar Haveli, are allotted a unique IFSC like ICIC0000422 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Dadra And Nagar Haveli.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Dadra And Nagar Haveli and Silvasa.
- 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 Silvasa reaches the right place, even though there are thousands of branches in Dadra And Nagar Haveli and across India.
Format of the IFSC Code ICIC0000422
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 Silvasa in Dadra And Nagar Haveli.
For example, the IFSC Code ICIC0000422 of Icici Bank Limited for the Silvasa branch has these elements, identifying the bank and the branch location in Dadra And Nagar Haveli and Dadra And Nagar Haveli correctly.
How to Find IFSC Code for Icici Bank Limited?
If you are trying to find the IFSC Code ICIC0000422 of Icici Bank Limited for its Silvasa branch located in Dadra And Nagar Haveli, 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 Dadra And Nagar Haveli and Silvasa, 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 Silvasa or Dadra And Nagar Haveli to get the exact IFSC Code ICIC0000422.
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 Dadra And Nagar Haveli that will provide accurate information.
How to Use IFSC Code ICIC0000422 for Online Transfers?
Once you have the IFSC Code ICIC0000422 for the Silvasa branch of Icici Bank Limited in Dadra And Nagar Haveli, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ICIC0000422. 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 ICIC0000422.
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 Silvasa in Dadra And Nagar Haveli, your payment can get delayed or might not go through at all.
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 Silvasa, 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 Dadra And Nagar Haveli manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Silvasa Dadra And Nagar Haveli branch is ICIC0000422.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Icici Bank Ltd., Ground Floor, Hotel Vishwanath Building, Silvass Charrasta,Naroli Silvassa Road, Silvassa.396230.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.