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 Peto branch in Hazaribag, Hazaribagh, or Jharkhand, 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 Hazaribag or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code ICIC0003941. 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, Peto, Hazaribag
Here are the key points that are associated with the IFSC Code ICIC0003941 of Icici Bank Limited for its branch located in Hazaribag, within the district of Hazaribagh in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0003941 |
| Branch | Peto |
| City | Hazaribag |
| District | Hazaribagh |
| State | Jharkhand |
| Address | Icici Bank Ltd., Chatti Peto, P.S.Keredari, Dist.Hazaribag, Jharkhand.825321 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Icici Bank Limited in Hazaribag for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0003941 for the Peto 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Icici Bank Limited located in Peto, Hazaribag, Jharkhand, is provided a unique IFSC like ICIC0003941 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Icici Bank Limited branch in Hazaribag.
- 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 Hazaribag and Hazaribagh.
- 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 Jharkhand and the rest of India, the IFSC Code ensures that transactions meant for Icici Bank Limited in Peto do not get misguided to another person.
Format of the IFSC Code ICIC0003941
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 Peto in Hazaribag.
For example, the IFSC Code ICIC0003941 of Icici Bank Limited for the Peto branch includes these elements, identifying the bank and the branch location in Hazaribag and Jharkhand accurately.
How to Find IFSC Code for Icici Bank Limited?
If you are trying to find the IFSC Code ICIC0003941 of Icici Bank Limited for its Peto branch located in Hazaribag, 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 Hazaribag and Hazaribagh, 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 Peto or Hazaribag to get the exact IFSC Code ICIC0003941.
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 Hazaribag, you'll get the correct details.
How to Use IFSC Code ICIC0003941 for Online Transfers?
If you have the IFSC Code ICIC0003941 for the Peto branch of Icici Bank Limited in Hazaribag, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0003941. 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 ICIC0003941.
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 Peto in Hazaribag, 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 Peto, 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 Hazaribag to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Peto Hazaribag branch is ICIC0003941.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Icici Bank Ltd., Chatti Peto, P.S.Keredari, Dist.Hazaribag, Jharkhand.825321.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.