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 Hoshangabad branch in Hoshangabad, Hoshangabad, Madhya Pradesh, 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 Hoshangabad or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code ICIC0003026. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Icici Bank Limited, Hoshangabad, Hoshangabad
Below in the table are the key details related to IFSC Code ICIC0003026 of Icici Bank Limited for its branch located in Hoshangabad, within the district of Hoshangabad in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0003026 |
| Branch | Hoshangabad |
| City | Hoshangabad |
| District | Hoshangabad |
| State | Madhya Pradesh |
| Address | Icici Bank Ltd., Sandia Road,Gram Gadaghat,Post Gadaghat,Tehsil Pipariya,Dist.Narmadapuram, Madhya Pradesh.461775 |
These details helps users in online banking and for businesses and individuals who use Icici Bank Limited in Hoshangabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0003026 for the Hoshangabad 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Icici Bank Limited located in Hoshangabad, Hoshangabad, Madhya Pradesh, is provided a unique IFSC like ICIC0003026 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Icici Bank Limited branch in Hoshangabad.
- 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 Hoshangabad and Hoshangabad.
- 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 Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Icici Bank Limited in Hoshangabad do not get misguided to another person.
Format of the IFSC Code ICIC0003026
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 Hoshangabad in Hoshangabad.
For example, the IFSC Code ICIC0003026 of Icici Bank Limited for the Hoshangabad branch includes these elements, identifying the bank and the branch location in Hoshangabad and Madhya Pradesh accurately.
How to Find IFSC Code for Icici Bank Limited?
If you are trying to find the IFSC Code ICIC0003026 of Icici Bank Limited for its Hoshangabad branch located in Hoshangabad, 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 Hoshangabad and Hoshangabad, 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 Hoshangabad or Hoshangabad to get the exact IFSC Code ICIC0003026.
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 Hoshangabad that will provide accurate information.
How to Use IFSC Code ICIC0003026 for Online Transfers?
Once you have the IFSC Code ICIC0003026 for the Hoshangabad branch of Icici Bank Limited in Hoshangabad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ICIC0003026. The transfer is completed in batches instead of instantly. It is useful for both 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 ICIC0003026.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Icici Bank Limited Hoshangabad in Hoshangabad, your payment can get delayed or might not go through at all.
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 Hoshangabad, 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 Hoshangabad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0003026.
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., Sandia Road,Gram Gadaghat,Post Gadaghat,Tehsil Pipariya,Dist.Narmadapuram, Madhya Pradesh.461775 located in Hoshangabad, Hoshangabad, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.