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 Saketh branch in Hyderabad, Hyderabad, Telangana, 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 Hyderabad or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code ICIC0002319. 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, Saketh, Hyderabad
Here are some of the key details that come with the IFSC Code ICIC0002319 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 | ICIC0002319 |
| Branch | Saketh |
| City | Hyderabad |
| District | Hyderabad |
| State | Telangana |
| Address | Icici Bank Ltd., H.No 1.1.52, Sri Venkata Nilayam, Krishnaveni Talent School, Kapra, Ecil Post, Hyderabad, Telangana.500062 |
These details helps 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 ICIC0002319 for the Saketh 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 ICIC0002319 is given to every bank branch, including Icici Bank Limited located in Saketh, 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 Saketh doesn't end up at another location.
Format of the IFSC Code ICIC0002319
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): These represent the bank code. In Icici Bank Limited, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Saketh in Hyderabad.
For example, the IFSC Code ICIC0002319 of Icici Bank Limited for the Saketh branch has these elements, identifying the bank and the branch location in Hyderabad and Telangana correctly.
How to Find IFSC Code for Icici Bank Limited?
If you are trying to find the IFSC Code ICIC0002319 of Icici Bank Limited for its Saketh branch located in Hyderabad, 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 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 find the branch locator section. Search for Saketh or Hyderabad to get the exact IFSC Code ICIC0002319.
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 Hyderabad that will provide accurate information.
How to Use IFSC Code ICIC0002319 for Online Transfers?
Once you have the IFSC Code ICIC0002319 for the Saketh branch of Icici Bank Limited in Hyderabad, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0002319. 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 ICIC0002319.
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 Saketh in Hyderabad, it can 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 Saketh, 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 ICIC0002319.
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., H.No 1.1.52, Sri Venkata Nilayam, Krishnaveni Talent School, Kapra, Ecil Post, Hyderabad, Telangana.500062 located in Hyderabad, Hyderabad, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.