Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Icici Bank Limited for its Dewas Mandi Branch branch in Dewas, Dewas, or Madhya Pradesh, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Icici Bank Limited located in Dewas or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code ICIC0007622. You should definitely 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, Dewas Mandi Branch, Dewas
Here are the main details that are associated with the IFSC Code ICIC0007622 of Icici Bank Limited for its branch located in Dewas, within the district of Dewas in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0007622 |
| Branch | Dewas Mandi Branch |
| City | Dewas |
| District | Dewas |
| State | Madhya Pradesh |
| Address | Icici Bank Ltd., House No. 1, Ab Road, Bhopal Chouraha, Near Sadguru Honda Showroom, Dewas.455001, Madhya Pradesh |
These details help users in online banking and for businesses and individuals who use Icici Bank Limited in Dewas for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0007622 for the Dewas Mandi Branch branch of Icici Bank Limited has a very 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 ICIC0007622 is given to every bank branch, including Icici Bank Limited located in Dewas Mandi Branch, Dewas, Madhya Pradesh, 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 Dewas.
- 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 Dewas and Dewas.
- 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 Madhya Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Icici Bank Limited in Dewas Mandi Branch doesn't end up at another location.
Format of the IFSC Code ICIC0007622
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 Dewas Mandi Branch in Dewas.
For example, the IFSC Code ICIC0007622 of Icici Bank Limited for the Dewas Mandi Branch branch includes these elements, identifying the bank and the branch location in Dewas and Madhya Pradesh correctly.
How to Find IFSC Code for Icici Bank Limited?
If you are looking for the IFSC Code ICIC0007622 of Icici Bank Limited for its Dewas Mandi Branch branch located in Dewas, 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 Dewas and Dewas, 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 Dewas Mandi Branch or Dewas to get the exact IFSC Code ICIC0007622.
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 Dewas, then it will provide you proper information.
How to Use IFSC Code ICIC0007622 for Online Transfers?
Once you have the IFSC Code ICIC0007622 for the Dewas Mandi Branch branch of Icici Bank Limited in Dewas, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0007622. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Icici Bank Limited IFSC Code ICIC0007622.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Icici Bank Limited Dewas Mandi Branch in Dewas, it can 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 Dewas Mandi Branch, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Dewas to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0007622.
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., House No. 1, Ab Road, Bhopal Chouraha, Near Sadguru Honda Showroom, Dewas.455001, Madhya Pradesh located in Dewas, Dewas, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.