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IFSC Code of Icici Bank Limited, Bhilai Nagarrisali, Bhilainagar, Chhattisgarh — ICIC0001816

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 Bhilai Nagarrisali branch in Durg, Bhilainagar, Chhattisgarh, 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 Durg or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code ICIC0001816. 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, Bhilai Nagarrisali, Durg

Below in the table are the key details related to IFSC Code ICIC0001816 of Icici Bank Limited for its branch located in Durg, within the district of Bhilainagar in the state of Chhattisgarh.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0001816
Branch Bhilai Nagarrisali
City Durg
District Bhilainagar
State Chhattisgarh
Address Icici Bank Ltd., 792, Khasra No. 420/31, Agarwal Space Park, Krishna Talkies Road, Risali, Bhilai Nagar Dist Durg, Chattisgarh.490006

These details help users in online banking and for businesses and individuals who use Icici Bank Limited in Durg for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0001816 for the Bhilai Nagarrisali 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 ICIC0001816 is given to every bank branch, including Icici Bank Limited located in Bhilai Nagarrisali, Durg, Chhattisgarh, 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 Durg.
  • 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 Durg and Bhilainagar.
  • 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 Chhattisgarh and the rest of India, which is why the IFSC Code ensures that transactions meant for Icici Bank Limited in Bhilai Nagarrisali doesn't end up at another location.

Format of the IFSC Code ICIC0001816

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 Bhilai Nagarrisali in Durg.

For example, the IFSC Code ICIC0001816 of Icici Bank Limited for the Bhilai Nagarrisali branch includes these elements, identifying the bank and the branch location in Durg and Chhattisgarh accurately.

How to Find IFSC Code for Icici Bank Limited?

If you are looking for the IFSC Code ICIC0001816 of Icici Bank Limited for its Bhilai Nagarrisali branch located in Durg, 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 Durg and Bhilainagar, 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 Bhilai Nagarrisali or Durg to get the exact IFSC Code ICIC0001816.

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 Durg, then it will provide you proper information.

How to Use IFSC Code ICIC0001816 for Online Transfers?

Once you have the IFSC Code ICIC0001816 for the Bhilai Nagarrisali branch of Icici Bank Limited in Durg, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ICIC0001816. 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 ICIC0001816.

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 Bhilai Nagarrisali in Durg may result in delayed or failed transactions.

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 Bhilai Nagarrisali, 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 Durg manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited Bhilai Nagarrisali Durg?

The IFSC Code of the Bhilai Nagarrisali Durg branch is ICIC0001816.

Is IFSC Code ICIC0001816 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Icici Bank Limited Bhilai Nagarrisali branch?

The branch is located at Icici Bank Ltd., 792, Khasra No. 420/31, Agarwal Space Park, Krishna Talkies Road, Risali, Bhilai Nagar Dist Durg, Chattisgarh.490006.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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