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 Gurmatkal branch in Gulbarga, Yadgiri, Karnataka, 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 Gulbarga or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code ICIC0007887. 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, Gurmatkal, Gulbarga

Below in the table are the key details related to IFSC Code ICIC0007887 of Icici Bank Limited for its branch located in Gulbarga, within the district of Yadgiri in the state of Karnataka.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0007887
Branch Gurmatkal
City Gulbarga
District Yadgiri
State Karnataka
Address Icici Bank Ltd., Sy.No.6, Property No.11.502.904, Near Bus Stand, Yadgiri Road, Gurmatkal.585214, Karnataka

These details helps users in online banking and for businesses and individuals who use Icici Bank Limited in Gulbarga for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0007887 for the Gurmatkal 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 that is provided by the Reserve Bank of India. A unique IFSC like ICIC0007887 is given to every bank branch, including Icici Bank Limited located in Gurmatkal, Gulbarga, Karnataka, 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 Gulbarga.
  • 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 Gulbarga and Yadgiri.
  • 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 Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for Icici Bank Limited in Gurmatkal doesn't end up at another location.

Format of the IFSC Code ICIC0007887

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 Gurmatkal in Gulbarga.

For example, the IFSC Code ICIC0007887 of Icici Bank Limited for the Gurmatkal branch includes these elements, identifying the bank and the branch location in Gulbarga and Karnataka accurately.

How to Find IFSC Code for Icici Bank Limited?

To find the IFSC Code ICIC0007887 of Icici Bank Limited for its Gurmatkal branch located in Gulbarga, 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 Gulbarga and Yadgiri, 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 Gurmatkal or Gulbarga to find the exact IFSC Code ICIC0007887.

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 Gulbarga will provide accurate information.

How to Use IFSC Code ICIC0007887 for Online Transfers?

Once you have the IFSC Code ICIC0007887 for the Gurmatkal branch of Icici Bank Limited in Gulbarga, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ICIC0007887. 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 ICIC0007887.

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 Gurmatkal in Gulbarga, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Icici Bank Limited in Gurmatkal, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Gulbarga manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited in Gurmatkal, Gulbarga?

The IFSC Code is ICIC0007887.

Is the IFSC Code ICIC0007887 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

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

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

What is the full address of the Gurmatkal branch?

The address of the branch is Icici Bank Ltd., Sy.No.6, Property No.11.502.904, Near Bus Stand, Yadgiri Road, Gurmatkal.585214, Karnataka located in Gulbarga, Yadgiri, Karnataka.

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.