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 B K Dutt Market Branch branch in Delhi, Delhi, Delhi, 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 Delhi or anywhere in Delhi can easily transfer funds instantly by using the correct IFSC Code ICIC0004581. 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, B K Dutt Market Branch, Delhi
Here are some of the key details that come with the IFSC Code ICIC0004581 of Icici Bank Limited for its branch located in Delhi, within the district of Delhi in the state of Delhi.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0004581 |
| Branch | B K Dutt Market Branch |
| City | Delhi |
| District | Delhi |
| State | Delhi |
| Address | Icici Bank Ltd., J2/6, B K Dutt Market, Rajouri Garden, New Delhi.110027 |
These details are important not only for users using online banking but also for businesses and individuals who use Icici Bank Limited in Delhi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ICIC0004581 for the B K Dutt Market Branch branch of Icici Bank Limited is vital.
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 B K Dutt Market Branch, Delhi, Delhi, are allotted a unique IFSC like ICIC0004581 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Delhi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Delhi and Delhi.
- 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 B K Dutt Market Branch reaches the right place, even though there are thousands of branches in Delhi and across India.
Format of the IFSC Code ICIC0004581
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 B K Dutt Market Branch in Delhi.
For example, the IFSC Code ICIC0004581 of Icici Bank Limited for the B K Dutt Market Branch branch includes these elements, identifying the bank and the branch location in Delhi and Delhi accurately.
How to Find IFSC Code for Icici Bank Limited?
If you are looking for the IFSC Code ICIC0004581 of Icici Bank Limited for its B K Dutt Market Branch branch located in Delhi, 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 Delhi and Delhi, 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 B K Dutt Market Branch or Delhi to get the exact IFSC Code ICIC0004581.
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 Delhi, then it will provide you proper information.
How to Use IFSC Code ICIC0004581 for Online Transfers?
Once you have the IFSC Code ICIC0004581 for the B K Dutt Market Branch branch of Icici Bank Limited in Delhi, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0004581. Transfers are processed in batches. This is 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. Requires the recipient's account details and Icici Bank Limited IFSC Code ICIC0004581.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Icici Bank Limited B K Dutt Market Branch in Delhi 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 B K Dutt Market Branch, 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 Delhi manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0004581.
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., J2/6, B K Dutt Market, Rajouri Garden, New Delhi.110027 located in Delhi, Delhi, Delhi.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.