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 Mumbai-Bandramehboobstudio branch in Greater Bombay, Mumbai, Maharashtra, 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 Greater Bombay or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ICIC0001027. 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, Mumbai-Bandramehboobstudio, Greater Bombay
Below in the table are the key details related to IFSC Code ICIC0001027 of Icici Bank Limited for its branch located in Greater Bombay, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0001027 |
| Branch | Mumbai-Bandramehboobstudio |
| City | Greater Bombay |
| District | Mumbai |
| State | Maharashtra |
| Address | Icici Bank Ltd., Arth Housing Society,Cordo Villa, Near Mehboob Studio, Bandra W, Mumbai.400050 |
These details help users in online banking and for businesses and individuals who use Icici Bank Limited in Greater Bombay for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0001027 for the Mumbai-Bandramehboobstudio 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Icici Bank Limited located in Mumbai-Bandramehboobstudio, Greater Bombay, Maharashtra, is provided a unique IFSC like ICIC0001027 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Icici Bank Limited branch in Greater Bombay.
- 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 Greater Bombay and Mumbai.
- 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 Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Icici Bank Limited in Mumbai-Bandramehboobstudio do not get misguided to another person.
Format of the IFSC Code ICIC0001027
The format of the IFSC Code for banks, including Icici Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Icici Bank Limited, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Mumbai-Bandramehboobstudio in Greater Bombay.
For example, the IFSC Code ICIC0001027 of Icici Bank Limited for the Mumbai-Bandramehboobstudio branch includes these elements, identifying the bank and the branch location in Greater Bombay and Maharashtra accurately.
How to Find IFSC Code for Icici Bank Limited?
If you are trying to find the IFSC Code ICIC0001027 of Icici Bank Limited for its Mumbai-Bandramehboobstudio branch located in Greater Bombay, 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
Most banks, including Icici Bank Limited branches in Greater Bombay and Mumbai, print the IFSC and MICR codes 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 Mumbai-Bandramehboobstudio or Greater Bombay to get the exact IFSC Code ICIC0001027.
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 Greater Bombay, you'll get the correct details.
How to Use IFSC Code ICIC0001027 for Online Transfers?
Once you have the IFSC Code ICIC0001027 for the Mumbai-Bandramehboobstudio branch of Icici Bank Limited in Greater Bombay, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ICIC0001027. 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 ICIC0001027.
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 Mumbai-Bandramehboobstudio in Greater Bombay, 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 Mumbai-Bandramehboobstudio, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Greater Bombay manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0001027.
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., Arth Housing Society,Cordo Villa, Near Mehboob Studio, Bandra W, Mumbai.400050 located in Greater Bombay, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.