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 Sgr Bhagwangarh branch in Ganganagar, Suratgarh, Rajasthan, 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 Ganganagar or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code ICIC0007554. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Icici Bank Limited, Sgr Bhagwangarh, Ganganagar
Here are the key points that are associated with the IFSC Code ICIC0007554 of Icici Bank Limited for its branch located in Ganganagar, within the district of Suratgarh in the state of Rajasthan.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0007554 |
| Branch | Sgr Bhagwangarh |
| City | Ganganagar |
| District | Suratgarh |
| State | Rajasthan |
| Address | Icici Bank Ltd., Gurudwara Yadgar Sahida, Village.Bhagwangarh, Tehsil.Suratgarh, Dist.Sriganganagar, Rajasthan.335804 |
These details helps users in online banking and for businesses and individuals who use Icici Bank Limited in Ganganagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0007554 for the Sgr Bhagwangarh 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Icici Bank Limited located in Sgr Bhagwangarh, Ganganagar, Rajasthan, is provided with a unique IFSC like ICIC0007554 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Icici Bank Limited branch in Ganganagar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Ganganagar and Suratgarh.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Rajasthan and the rest of India and the IFSC Code ensures that transactions meant for Icici Bank Limited in Sgr Bhagwangarh do not get mixed with another location.
Format of the IFSC Code ICIC0007554
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 Sgr Bhagwangarh in Ganganagar.
For example, the IFSC Code ICIC0007554 of Icici Bank Limited for the Sgr Bhagwangarh branch has these elements, identifying the bank and the branch location in Ganganagar and Rajasthan correctly.
How to Find IFSC Code for Icici Bank Limited?
To find the IFSC Code ICIC0007554 of Icici Bank Limited for its Sgr Bhagwangarh branch located in Ganganagar, 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 Ganganagar and Suratgarh, 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 Sgr Bhagwangarh or Ganganagar to find the exact IFSC Code ICIC0007554.
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 Ganganagar will provide accurate information.
How to Use IFSC Code ICIC0007554 for Online Transfers?
Once you have the IFSC Code ICIC0007554 for the Sgr Bhagwangarh branch of Icici Bank Limited in Ganganagar, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0007554. 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 ICIC0007554.
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 Sgr Bhagwangarh in Ganganagar, it can result in delayed or failed transactions.
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 Sgr Bhagwangarh, 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 Ganganagar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0007554.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Icici Bank Ltd., Gurudwara Yadgar Sahida, Village.Bhagwangarh, Tehsil.Suratgarh, Dist.Sriganganagar, Rajasthan.335804 located in Ganganagar, Suratgarh, Rajasthan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.