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 Perumugai branch in Erode, Gobichettipalayam, Erode, 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 Erode or anywhere in Erode can transfer funds instantly by using the correct IFSC Code ICIC0007592. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Icici Bank Limited, Perumugai, Erode
Here are some of the key details that come with the IFSC Code ICIC0007592 of Icici Bank Limited for its branch located in Erode, within the district of Gobichettipalayam in the state of Erode.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0007592 |
| Branch | Perumugai |
| City | Erode |
| District | Gobichettipalayam |
| State | Erode |
| Address | Icici Bank Ltd., No.6/331/3, Perumugai Puthur, Sr Thottam, Sathy.Athani Main Road, Perumugai.638505, Tamil Nadu |
These details helps users in online banking and for businesses and individuals who use Icici Bank Limited in Erode for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0007592 for the Perumugai branch of Icici Bank Limited plays a vital 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 Perumugai, Erode, Erode, is provided a unique IFSC like ICIC0007592 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Icici Bank Limited branch in Erode.
- 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 Erode and Gobichettipalayam.
- 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 Erode and the rest of India, the IFSC Code ensures that transactions meant for Icici Bank Limited in Perumugai do not get misguided to another person.
Format of the IFSC Code ICIC0007592
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 Perumugai in Erode.
For example, the IFSC Code ICIC0007592 of Icici Bank Limited for the Perumugai branch includes these elements, identifying the bank and the branch location in Erode and Erode correctly.
How to Find IFSC Code for Icici Bank Limited?
If you are looking for the IFSC Code ICIC0007592 of Icici Bank Limited for its Perumugai branch located in Erode, 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 Erode and Gobichettipalayam, 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 Perumugai or Erode to get the exact IFSC Code ICIC0007592.
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 Erode, then it will provide you proper information.
How to Use IFSC Code ICIC0007592 for Online Transfers?
Once you have the IFSC Code ICIC0007592 for the Perumugai branch of Icici Bank Limited in Erode, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0007592. 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 ICIC0007592.
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 Perumugai in Erode, 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 Perumugai, 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 Erode to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0007592.
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., No.6/331/3, Perumugai Puthur, Sr Thottam, Sathy.Athani Main Road, Perumugai.638505, Tamil Nadu located in Erode, Gobichettipalayam, Erode.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.