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IFSC Code of Icici Bank Limited, Khandwa Anand Nagar, Khandwa, Madhya Pradesh — ICIC0005470

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 Khandwa Anand Nagar branch in East Nimar, Khandwa, Madhya Pradesh, 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 East Nimar or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code ICIC0005470. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Icici Bank Limited, Khandwa Anand Nagar, East Nimar

Here are some of the key details that come with the IFSC Code ICIC0005470 of Icici Bank Limited for its branch located in East Nimar, within the district of Khandwa in the state of Madhya Pradesh.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0005470
Branch Khandwa Anand Nagar
City East Nimar
District Khandwa
State Madhya Pradesh
Address Saiiccha,02,Subhash Nagar Khandwa, Madhya Pradesh 450001

These details are crucial, not just for online banking users but also for businesses and individuals who use Icici Bank Limited in East Nimar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0005470 for the Khandwa Anand Nagar 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Icici Bank Limited located in Khandwa Anand Nagar, East Nimar, Madhya Pradesh, is provided a unique IFSC like ICIC0005470 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Icici Bank Limited branch in East Nimar.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like East Nimar and Khandwa.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Icici Bank Limited in Khandwa Anand Nagar do not get misguided to another person.

Format of the IFSC Code ICIC0005470

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 Khandwa Anand Nagar in East Nimar.

For example, the IFSC Code ICIC0005470 of Icici Bank Limited for the Khandwa Anand Nagar branch includes these elements, identifying the bank and the branch location in East Nimar and Madhya Pradesh correctly.

How to Find IFSC Code for Icici Bank Limited?

If you are trying to find the IFSC Code ICIC0005470 of Icici Bank Limited for its Khandwa Anand Nagar branch located in East Nimar, 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 East Nimar and Khandwa, 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 Khandwa Anand Nagar or East Nimar to get the exact IFSC Code ICIC0005470.

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 East Nimar, you'll get the correct details.

How to Use IFSC Code ICIC0005470 for Online Transfers?

Once you have the IFSC Code ICIC0005470 for the Khandwa Anand Nagar branch of Icici Bank Limited in East Nimar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code ICIC0005470. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 ICIC0005470.

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 Khandwa Anand Nagar in East Nimar, your payment can get delayed or might not go through at all.

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 Khandwa Anand Nagar, 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 East Nimar to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited Khandwa Anand Nagar East Nimar?

The IFSC Code of the Khandwa Anand Nagar East Nimar branch is ICIC0005470.

Is IFSC Code ICIC0005470 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 Khandwa Anand Nagar branch?

The branch is located at Saiiccha,02,Subhash Nagar Khandwa, Madhya Pradesh 450001.

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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