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 Damoh, Madhya Pradesh branch in Damoh, Damoh, Madhya Pradesh, 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 Damoh or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code ICIC0000758. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Icici Bank Limited, Damoh, Madhya Pradesh, Damoh

Here are the main details that are associated with the IFSC Code ICIC0000758 of Icici Bank Limited for its branch located in Damoh, within the district of Damoh in the state of Madhya Pradesh.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0000758
Branch Damoh, Madhya Pradesh
City Damoh
District Damoh
State Madhya Pradesh
Address Icici Bank Ltd., Magunj Ward No. 2, Main Road, Magunj School Tiraha, Damoh, Madhya Pradesh.470661

These details are essential not only for online banking users but also for businesses and individuals who use Icici Bank Limited in Damoh for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0000758 for the Damoh, Madhya Pradesh 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 Damoh, Madhya Pradesh, Damoh, Madhya Pradesh, are given a unique IFSC like ICIC0000758 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Damoh.
  • 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 Damoh and Damoh.
  • 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 Damoh, Madhya Pradesh goes to the correct branch. This is important because Icici Bank Limited has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code ICIC0000758

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 Damoh, Madhya Pradesh in Damoh.

For example, the IFSC Code ICIC0000758 of Icici Bank Limited for the Damoh, Madhya Pradesh branch includes these elements, identifying the bank and the branch location in Damoh and Madhya Pradesh correctly.

How to Find IFSC Code for Icici Bank Limited?

If you are trying to find the IFSC Code ICIC0000758 of Icici Bank Limited for its Damoh, Madhya Pradesh branch located in Damoh, 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 Damoh and Damoh, 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 Damoh, Madhya Pradesh or Damoh to get the exact IFSC Code ICIC0000758.

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 Damoh that will provide accurate information.

How to Use IFSC Code ICIC0000758 for Online Transfers?

If you have the IFSC Code ICIC0000758 for the Damoh, Madhya Pradesh branch of Icici Bank Limited in Damoh, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ICIC0000758. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Icici Bank Limited IFSC Code ICIC0000758.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Icici Bank Limited Damoh, Madhya Pradesh in Damoh, it may 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 Damoh, Madhya Pradesh, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Damoh manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited in Damoh, Madhya Pradesh, Damoh?

The IFSC Code is ICIC0000758.

Is the IFSC Code ICIC0000758 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of Icici Bank Limited Damoh, Madhya Pradesh?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Damoh, Madhya Pradesh branch?

The address of the branch is Icici Bank Ltd., Magunj Ward No. 2, Main Road, Magunj School Tiraha, Damoh, Madhya Pradesh.470661 located in Damoh, Damoh, Madhya Pradesh.

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.