There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Icici Bank Limited for its Mumbaiagar Bazar, Maharashtra branch in Greater Bombay, Mumbai, Maharashtra, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Icici Bank Limited situated in Greater Bombay or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code ICIC0001229. You should 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, Mumbaiagar Bazar, Maharashtra, Greater Bombay
The table below shows the main details of the IFSC Code ICIC0001229 for the Icici Bank Limited branch in Greater Bombay, which falls under the Mumbai district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0001229 |
| Branch | Mumbaiagar Bazar, Maharashtra |
| City | Greater Bombay |
| District | Mumbai |
| State | Maharashtra |
| Address | Icici Bank Ltd., Reliance Sahkari Bhandar Ludo Mall, S.K.Bole Road, Agar Bazar, Dadar W, Mumbai, Maharashtra.400028 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Icici Bank Limited in Greater Bombay for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0001229 for the Mumbaiagar Bazar, Maharashtra 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Icici Bank Limited located in Mumbaiagar Bazar, Maharashtra, Greater Bombay, Maharashtra, are given a unique IFSC like ICIC0001229 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Greater Bombay.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Greater Bombay and Mumbai.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Icici Bank Limited in Mumbaiagar Bazar, Maharashtra goes to the correct branch. This is important because Icici Bank Limited has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code ICIC0001229
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): 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 Mumbaiagar Bazar, Maharashtra in Greater Bombay.
For example, the IFSC Code ICIC0001229 of Icici Bank Limited for the Mumbaiagar Bazar, Maharashtra 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 ICIC0001229 of Icici Bank Limited for its Mumbaiagar Bazar, Maharashtra branch located in Greater Bombay, the following methods can help:
Cheque Book
The cheque books that are issued by Icici Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code 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 the passbook.
Bank Website
Visit the official website of Icici Bank Limited and find the branch locator section. Search for Mumbaiagar Bazar, Maharashtra or Greater Bombay to get the exact IFSC Code ICIC0001229.
Mobile Banking App
If you use Icici Bank Limited's mobile app, you can easily 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 to help you in searching for Icici Bank Limited and Greater Bombay that will provide accurate information.
How to Use IFSC Code ICIC0001229 for Online Transfers?
Once you have the IFSC Code ICIC0001229 for the Mumbaiagar Bazar, Maharashtra branch of Icici Bank Limited in Greater Bombay, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0001229. 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 ICIC0001229.
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 Mumbaiagar Bazar, Maharashtra in Greater Bombay, 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 Mumbaiagar Bazar, Maharashtra, 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 Greater Bombay to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0001229.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily 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., Reliance Sahkari Bhandar Ludo Mall, S.K.Bole Road, Agar Bazar, Dadar W, Mumbai, Maharashtra.400028 located in Greater Bombay, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.