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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Icici Bank Limited for its The Eluri Co-Op Urban Bank Ltd Guntur branch in Guntur, Guntur, or Andhra Pradesh, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Icici Bank Limited located in Guntur or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code ICIC00ELURI. 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, The Eluri Co-Op Urban Bank Ltd Guntur, Guntur
Here are the key points that are associated with the IFSC Code ICIC00ELURI of Icici Bank Limited for its branch located in Guntur, within the district of Guntur in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC00ELURI |
| Branch | The Eluri Co-Op Urban Bank Ltd Guntur |
| City | Guntur |
| District | Guntur |
| State | Andhra Pradesh |
| Address | D No 6-4-76,1 St Floor,Swarnalok Complex,4Th Line,Arundelpet,Guntur-522002 |
These details helps users in online banking and for businesses and individuals who use Icici Bank Limited in Guntur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC00ELURI for the The Eluri Co-Op Urban Bank Ltd Guntur 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 The Eluri Co-Op Urban Bank Ltd Guntur, Guntur, Andhra Pradesh, is provided with a unique IFSC like ICIC00ELURI to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Icici Bank Limited branch in Guntur.
- 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 Guntur and Guntur.
- 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 Andhra Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Icici Bank Limited in The Eluri Co-Op Urban Bank Ltd Guntur do not get mixed with another location.
Format of the IFSC Code ICIC00ELURI
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 The Eluri Co-Op Urban Bank Ltd Guntur in Guntur.
For example, the IFSC Code ICIC00ELURI of Icici Bank Limited for the The Eluri Co-Op Urban Bank Ltd Guntur branch includes these elements, identifying the bank and the branch location in Guntur and Andhra Pradesh accurately.
How to Find IFSC Code for Icici Bank Limited?
To find the IFSC Code ICIC00ELURI of Icici Bank Limited for its The Eluri Co-Op Urban Bank Ltd Guntur branch located in Guntur, 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 Guntur and Guntur, 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 The Eluri Co-Op Urban Bank Ltd Guntur or Guntur to find the exact IFSC Code ICIC00ELURI.
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 Guntur will provide accurate information.
How to Use IFSC Code ICIC00ELURI for Online Transfers?
Once you have the IFSC Code ICIC00ELURI for the The Eluri Co-Op Urban Bank Ltd Guntur branch of Icici Bank Limited in Guntur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC00ELURI. Transfers are processed in batches. This is 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. Requires the recipient's account details and Icici Bank Limited IFSC Code ICIC00ELURI.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Icici Bank Limited The Eluri Co-Op Urban Bank Ltd Guntur in Guntur may 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 The Eluri Co-Op Urban Bank Ltd Guntur, 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 Guntur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC00ELURI.
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 D No 6-4-76,1 St Floor,Swarnalok Complex,4Th Line,Arundelpet,Guntur-522002 located in Guntur, Guntur, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.