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 Mumbaibhandupw branch in Greater Bombay, Mumbai, Maharashtra, 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 Greater Bombay or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ICIC0000984. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Icici Bank Limited, Mumbaibhandupw, Greater Bombay
Here are some of the key details that come with the IFSC Code ICIC0000984 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 | ICIC0000984 |
| Branch | Mumbaibhandupw |
| City | Greater Bombay |
| District | Mumbai |
| State | Maharashtra |
| Address | Icici Bank Ltd., Jayshree Plaza, Near Dreams Mall, L.B.S. Marg, Bhandup W Mumbai.400078 |
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 ICIC0000984 for the Mumbaibhandupw 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 that is provided by the Reserve Bank of India. A unique IFSC like ICIC0000984 is given to every bank branch, including Icici Bank Limited located in Mumbaibhandupw, Greater Bombay, Maharashtra, 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 Greater Bombay.
- 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 Greater Bombay and Mumbai.
- 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 Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Icici Bank Limited in Mumbaibhandupw doesn't end up at another location.
Format of the IFSC Code ICIC0000984
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 Mumbaibhandupw in Greater Bombay.
For example, the IFSC Code ICIC0000984 of Icici Bank Limited for the Mumbaibhandupw 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 ICIC0000984 of Icici Bank Limited for its Mumbaibhandupw 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
You can easily find the IFSC and MICR codes because most banks, including Icici Bank Limited branches in Greater Bombay and Mumbai, print them 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 Mumbaibhandupw or Greater Bombay to get the exact IFSC Code ICIC0000984.
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 ICIC0000984 for Online Transfers?
If you have the IFSC Code ICIC0000984 for the Mumbaibhandupw branch of Icici Bank Limited in Greater Bombay, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0000984. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Asks for the recipient's account details and Icici Bank Limited IFSC Code ICIC0000984.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Icici Bank Limited Mumbaibhandupw in Greater Bombay, it may 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 Mumbaibhandupw, 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 ICIC0000984.
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., Jayshree Plaza, Near Dreams Mall, L.B.S. Marg, Bhandup W Mumbai.400078 located in Greater Bombay, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.