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 Abohar branch in Ferozpur, Abohar, Punjab, 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 Ferozpur or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code ICIC0001894. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Icici Bank Limited, Abohar, Ferozpur

The table below shows the main details of the IFSC Code ICIC0001894 for the Icici Bank Limited branch in Ferozpur, which falls under the Abohar district in Punjab.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0001894
Branch Abohar
City Ferozpur
District Abohar
State Punjab
Address Icici Bank Ltd., Lala Lajpat Rai Market, Scheem No.3, Opposite Nehru Park, Abohar, Ferozepur Dist., Punjab.152116

These details help users in online banking and for businesses and individuals who use Icici Bank Limited in Ferozpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0001894 for the Abohar 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 ICIC0001894 is given to every bank branch, including Icici Bank Limited located in Abohar, Ferozpur, Punjab, 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 Ferozpur.
  • 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 Ferozpur and Abohar.
  • 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 Punjab and the rest of India, which is why the IFSC Code ensures that transactions meant for Icici Bank Limited in Abohar doesn't end up at another location.

Format of the IFSC Code ICIC0001894

The format of the IFSC Code for banks, including Icici Bank Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In Icici Bank Limited, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Abohar in Ferozpur.

For example, the IFSC Code ICIC0001894 of Icici Bank Limited for the Abohar branch has these elements, identifying the bank and the branch location in Ferozpur and Punjab correctly.

How to Find IFSC Code for Icici Bank Limited?

To find the IFSC Code ICIC0001894 of Icici Bank Limited for its Abohar branch located in Ferozpur, the following methods can help you out:

Cheque Book

The cheque book issued by Icici Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Icici Bank Limited branches in Ferozpur and Abohar, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Icici Bank Limited and go to the branch locator section. Then search for Abohar or Ferozpur to find the exact IFSC Code ICIC0001894.

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 maintains an updated database of all IFSC codes. Searching for Icici Bank Limited and Ferozpur will provide accurate information.

How to Use IFSC Code ICIC0001894 for Online Transfers?

Once you have the IFSC Code ICIC0001894 for the Abohar branch of Icici Bank Limited in Ferozpur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code ICIC0001894. 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 ICIC0001894.

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 Abohar in Ferozpur, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Icici Bank Limited in Abohar, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Icici Bank Limited website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Ferozpur manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited in Abohar, Ferozpur?

The IFSC Code is ICIC0001894.

Is the IFSC Code ICIC0001894 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Icici Bank Limited Abohar?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Abohar branch?

The address of the branch is Icici Bank Ltd., Lala Lajpat Rai Market, Scheem No.3, Opposite Nehru Park, Abohar, Ferozepur Dist., Punjab.152116 located in Ferozpur, Abohar, Punjab.

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.