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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Icici Bank Limited for its Pithampur Madhya Pradesh branch in Dhar, Pithampur, Madhya Pradesh, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Icici Bank Limited located in Dhar or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code ICIC0001532. 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, Pithampur Madhya Pradesh, Dhar
Here are some of the key details that come with the IFSC Code ICIC0001532 of Icici Bank Limited for its branch located in Dhar, within the district of Pithampur in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0001532 |
| Branch | Pithampur Madhya Pradesh |
| City | Dhar |
| District | Pithampur |
| State | Madhya Pradesh |
| Address | Icici Bank Ltd., Patel Complex, Mhow Neemuch Road, Sector 1, Pithampur, Dhar Dist., Madhya Pradesh.454774 |
These details are important not only for users using online banking but also for businesses and individuals who use Icici Bank Limited in Dhar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ICIC0001532 for the Pithampur Madhya Pradesh 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 Pithampur Madhya Pradesh, Dhar, Madhya Pradesh, are given a unique IFSC like ICIC0001532 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Dhar.
- 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 Dhar and Pithampur.
- 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 Pithampur 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 ICIC0001532
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 Pithampur Madhya Pradesh in Dhar.
For example, the IFSC Code ICIC0001532 of Icici Bank Limited for the Pithampur Madhya Pradesh branch includes these elements, identifying the bank and the branch location in Dhar and Madhya Pradesh correctly.
How to Find IFSC Code for Icici Bank Limited?
If you are trying to find the IFSC Code ICIC0001532 of Icici Bank Limited for its Pithampur Madhya Pradesh branch located in Dhar, 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
Most banks, including Icici Bank Limited branches in Dhar and Pithampur, print the IFSC and MICR codes 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 Pithampur Madhya Pradesh or Dhar to get the exact IFSC Code ICIC0001532.
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 Dhar, you'll get the correct details.
How to Use IFSC Code ICIC0001532 for Online Transfers?
If you have the IFSC Code ICIC0001532 for the Pithampur Madhya Pradesh branch of Icici Bank Limited in Dhar, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0001532. 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 ICIC0001532.
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 Pithampur Madhya Pradesh in Dhar, 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 Pithampur Madhya Pradesh, 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 Dhar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0001532.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Icici Bank Ltd., Patel Complex, Mhow Neemuch Road, Sector 1, Pithampur, Dhar Dist., Madhya Pradesh.454774 located in Dhar, Pithampur, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.