IFSC Code of Icici Bank Limited, Mayapuri Phase Two, Delhi, Delhi — ICIC0005406

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 Mayapuri Phase Two branch in Delhi, Delhi, Delhi, 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 Delhi or anywhere in Delhi can transfer funds instantly by using the correct IFSC Code ICIC0005406. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Icici Bank Limited, Mayapuri Phase Two, Delhi

Here are some of the key details that come with the IFSC Code ICIC0005406 of Icici Bank Limited for its branch located in Delhi, within the district of Delhi in the state of Delhi.

These details are crucial, not just for online banking users but also for businesses and individuals who use Icici Bank Limited in Delhi for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0005406 for the Mayapuri Phase Two 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 that is provided by the Reserve Bank of India. A unique IFSC like ICIC0005406 is given to every bank branch, including Icici Bank Limited located in Mayapuri Phase Two, Delhi, Delhi, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Icici Bank Limited branch in Delhi.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any kind of confusion between multiple branches of the same bank across different places like Delhi and Delhi.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Delhi and the rest of India, which is why the IFSC Code ensures that transactions meant for Icici Bank Limited in Mayapuri Phase Two doesn't end up at another location.

Format of the IFSC Code ICIC0005406

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): 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 Mayapuri Phase Two in Delhi.

For example, the IFSC Code ICIC0005406 of Icici Bank Limited for the Mayapuri Phase Two 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?

To find the IFSC Code ICIC0005406 of Icici Bank Limited for its Mayapuri Phase Two branch located in Delhi, 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 Delhi and Delhi, 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 Mayapuri Phase Two or Delhi to find the exact IFSC Code ICIC0005406.

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 Delhi will provide accurate information.

How to Use IFSC Code ICIC0005406 for Online Transfers?

Once you have the IFSC Code ICIC0005406 for the Mayapuri Phase Two branch of Icici Bank Limited in Delhi, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code ICIC0005406. 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 ICIC0005406.

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 Mayapuri Phase Two in Delhi, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Icici Bank Limited in Mayapuri Phase Two, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Delhi manage their online transfers and cheque clearances easily.