The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Icici Bank Limited for its New Delhiconnaught Placeii branch in Delhi, Delhi, Delhi, this complete guide will provide you with detailed information.
The banking system in India has changed 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 ICIC0000343. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Icici Bank Limited, New Delhiconnaught Placeii, Delhi
Here are some of the key details that come with the IFSC Code ICIC0000343 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 | ICIC0000343 |
| Branch | New Delhiconnaught Placeii |
| City | Delhi |
| District | Delhi |
| State | Delhi |
| Address | Icici Bank Ltd., Naurang House, 21, K.G. Marg, Connaught Place,New Delhi.110001 |
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 ICIC0000343 for the New Delhiconnaught Placeii 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 New Delhiconnaught Placeii, Delhi, Delhi, are given a unique IFSC like ICIC0000343 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 any kind of 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 helps ensure that any money sent to Icici Bank Limited in New Delhiconnaught Placeii goes to the correct branch. This is important because Icici Bank Limited has thousands of branches in Delhi and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code ICIC0000343
This is the format of the IFSC Code for banks, including Icici Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Icici Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as New Delhiconnaught Placeii in Delhi.
For example, the IFSC Code ICIC0000343 of Icici Bank Limited for the New Delhiconnaught Placeii 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 trying to find the IFSC Code ICIC0000343 of Icici Bank Limited for its New Delhiconnaught Placeii branch located in Delhi, the following methods can help:
Cheque Book
The cheque book issued by Icici Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Icici Bank Limited branches in Delhi and Delhi, print them on the first page of your passbook.
Bank Website
Visit the official website of Icici Bank Limited and navigate to the branch locator section. Search for New Delhiconnaught Placeii or Delhi to get the exact IFSC Code ICIC0000343.
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 keeps an updated list of all IFSC codes. If you search for Icici Bank Limited and Delhi, you'll get the correct details.
How to Use IFSC Code ICIC0000343 for Online Transfers?
If you have the IFSC Code ICIC0000343 for the New Delhiconnaught Placeii branch of Icici Bank Limited in Delhi, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0000343. 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 ICIC0000343.
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 New Delhiconnaught Placeii in Delhi, it may result in delayed or failed transactions.
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 New Delhiconnaught Placeii, 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 Delhi manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the New Delhiconnaught Placeii Delhi branch is ICIC0000343.
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., Naurang House, 21, K.G. Marg, Connaught Place,New Delhi.110001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.