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 Banjara Hills Road No One branch in Hyderabad, Hyderabad, Telangana, 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 Hyderabad or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code ICIC0005409. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Icici Bank Limited, Banjara Hills Road No One, Hyderabad
Here are the main details that are associated with the IFSC Code ICIC0005409 of Icici Bank Limited for its branch located in Hyderabad, within the district of Hyderabad in the state of Telangana.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0005409 |
| Branch | Banjara Hills Road No One |
| City | Hyderabad |
| District | Hyderabad |
| State | Telangana |
| Address | Icici Bank Ltd 8 2 672 5 6 2 Road No 1,Banjara Hills,Hyderabad,Dist Hyderabad,Telangana 500034 |
These details help users in online banking and for businesses and individuals who use Icici Bank Limited in Hyderabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0005409 for the Banjara Hills Road No One branch of Icici Bank Limited has a very 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 ICIC0005409 is given to every bank branch, including Icici Bank Limited located in Banjara Hills Road No One, Hyderabad, Telangana, 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 Hyderabad.
- 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 Hyderabad and Hyderabad.
- 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 Telangana and the rest of India, which is why the IFSC Code ensures that transactions meant for Icici Bank Limited in Banjara Hills Road No One doesn't end up at another location.
Format of the IFSC Code ICIC0005409
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 Banjara Hills Road No One in Hyderabad.
For example, the IFSC Code ICIC0005409 of Icici Bank Limited for the Banjara Hills Road No One branch includes these elements, identifying the bank and the branch location in Hyderabad and Telangana accurately.
How to Find IFSC Code for Icici Bank Limited?
To find the IFSC Code ICIC0005409 of Icici Bank Limited for its Banjara Hills Road No One branch located in Hyderabad, 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 Hyderabad and Hyderabad, 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 Banjara Hills Road No One or Hyderabad to find the exact IFSC Code ICIC0005409.
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 Hyderabad will provide accurate information.
How to Use IFSC Code ICIC0005409 for Online Transfers?
Once you have the IFSC Code ICIC0005409 for the Banjara Hills Road No One branch of Icici Bank Limited in Hyderabad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ICIC0005409. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 ICIC0005409.
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 Banjara Hills Road No One in Hyderabad, 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 Banjara Hills Road No One, 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 Hyderabad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0005409.
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 Icici Bank Ltd 8 2 672 5 6 2 Road No 1,Banjara Hills,Hyderabad,Dist Hyderabad,Telangana 500034 located in Hyderabad, Hyderabad, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.