There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Icici Bank Limited for its Snajeev Reddy Nagar Main branch in Hyderabad, Secunderabad Cantonment, Telangana, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Icici Bank Limited situated in Hyderabad or anywhere in Telangana can easily transfer funds instantly by using the correct IFSC Code ICIC0002363. You should 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, Snajeev Reddy Nagar Main, Hyderabad
Here are the main details that are associated with the IFSC Code ICIC0002363 of Icici Bank Limited for its branch located in Hyderabad, within the district of Secunderabad Cantonment in the state of Telangana.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0002363 |
| Branch | Snajeev Reddy Nagar Main |
| City | Hyderabad |
| District | Secunderabad Cantonment |
| State | Telangana |
| Address | Icici Bank Ltd., H No.7.1.397/111912,Sanjeev Reddy Nagar, Main Road, Opposite S.R.Nagar Police Station, Hyderabad.500038 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Icici Bank Limited in Hyderabad for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0002363 for the Snajeev Reddy Nagar Main 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 Snajeev Reddy Nagar Main, Hyderabad, Telangana, is provided a unique IFSC like ICIC0002363 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Icici Bank Limited branch in Hyderabad.
- 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 Hyderabad and Secunderabad Cantonment.
- 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 Telangana and the rest of India, the IFSC Code ensures that transactions meant for Icici Bank Limited in Snajeev Reddy Nagar Main do not get misguided to another person.
Format of the IFSC Code ICIC0002363
This is the format of the IFSC Code for banks, including Icici Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Icici Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Snajeev Reddy Nagar Main in Hyderabad.
For example, the IFSC Code ICIC0002363 of Icici Bank Limited for the Snajeev Reddy Nagar Main 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?
If you are trying to find the IFSC Code ICIC0002363 of Icici Bank Limited for its Snajeev Reddy Nagar Main branch located in Hyderabad, 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
Most banks, including Icici Bank Limited branches in Hyderabad and Secunderabad Cantonment, print the IFSC and MICR codes 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 Snajeev Reddy Nagar Main or Hyderabad to get the exact IFSC Code ICIC0002363.
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 Hyderabad, you'll get the correct details.
How to Use IFSC Code ICIC0002363 for Online Transfers?
If you have the IFSC Code ICIC0002363 for the Snajeev Reddy Nagar Main branch of Icici Bank Limited in Hyderabad, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0002363. 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 ICIC0002363.
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 Snajeev Reddy Nagar Main in Hyderabad, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Icici Bank Limited in Snajeev Reddy Nagar Main, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Hyderabad manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Snajeev Reddy Nagar Main Hyderabad branch is ICIC0002363.
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., H No.7.1.397/111912,Sanjeev Reddy Nagar, Main Road, Opposite S.R.Nagar Police Station, Hyderabad.500038.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.