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 Tilak Road 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 ICIC0004534. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Icici Bank Limited, Tilak Road, Hyderabad
Here are the key points that are associated with the IFSC Code ICIC0004534 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 | ICIC0004534 |
| Branch | Tilak Road |
| City | Hyderabad |
| District | Hyderabad |
| State | Telangana |
| Address | Icici Bank Ltd., 4.1.898, Lala Ii, Oasis Plaza, Tilak Road, Boggulakunta, Abids, Hyderabad, Telangana.500001 |
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 ICIC0004534 for the Tilak Road 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Icici Bank Limited located in Tilak Road, Hyderabad, Telangana, are allotted a unique IFSC like ICIC0004534 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Hyderabad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Hyderabad and Hyderabad.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Icici Bank Limited in Tilak Road reaches the right place, even though there are thousands of branches in Telangana and across India.
Format of the IFSC Code ICIC0004534
The format of the IFSC Code for banks, including Icici Bank Limited, has 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 Tilak Road in Hyderabad.
For example, the IFSC Code ICIC0004534 of Icici Bank Limited for the Tilak Road branch includes 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 ICIC0004534 of Icici Bank Limited for its Tilak Road 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 Hyderabad, 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 Tilak Road or Hyderabad to get the exact IFSC Code ICIC0004534.
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 ICIC0004534 for Online Transfers?
Once you have the IFSC Code ICIC0004534 for the Tilak Road 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 ICIC0004534. 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 ICIC0004534.
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 Tilak Road 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 are very different from IFSC codes. If you are looking for the MICR code of Icici Bank Limited in Tilak Road, 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 Tilak Road Hyderabad branch is ICIC0004534.
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., 4.1.898, Lala Ii, Oasis Plaza, Tilak Road, Boggulakunta, Abids, Hyderabad, Telangana.500001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.