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IFSC Code of Icici Bank Limited, Indore Choithram Mandi, Indore, Madhya Pradesh — ICIC0005313

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 Indore Choithram Mandi branch in Indore, Indore, Madhya Pradesh, 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 Indore or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code ICIC0005313. 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, Indore Choithram Mandi, Indore

The table below shows the main details of the IFSC Code ICIC0005313 for the Icici Bank Limited branch in Indore, which falls under the Indore district in Madhya Pradesh.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0005313
Branch Indore Choithram Mandi
City Indore
District Indore
State Madhya Pradesh
Address Icici Bank Ltd 14 Amitesh Nagar Opp Choithram Mandi Indore Madhya Pradesh 452014

These details are essential not only for online banking users but also for businesses and individuals who use Icici Bank Limited in Indore for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0005313 for the Indore Choithram Mandi branch of Icici Bank Limited plays 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 Indore Choithram Mandi, Indore, Madhya Pradesh, are allotted a unique IFSC like ICIC0005313 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Indore.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Indore and Indore.
  • 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 Indore Choithram Mandi reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.

Format of the IFSC Code ICIC0005313

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 Indore Choithram Mandi in Indore.

For example, the IFSC Code ICIC0005313 of Icici Bank Limited for the Indore Choithram Mandi branch includes these elements, identifying the bank and the branch location in Indore and Madhya Pradesh accurately.

How to Find IFSC Code for Icici Bank Limited?

If you are trying to find the IFSC Code ICIC0005313 of Icici Bank Limited for its Indore Choithram Mandi branch located in Indore, 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

You can easily find the IFSC and MICR codes because most banks, including Icici Bank Limited branches in Indore and Indore, print them 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 Indore Choithram Mandi or Indore to get the exact IFSC Code ICIC0005313.

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 Indore, you'll get the correct details.

How to Use IFSC Code ICIC0005313 for Online Transfers?

Once you have the IFSC Code ICIC0005313 for the Indore Choithram Mandi branch of Icici Bank Limited in Indore, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code ICIC0005313. 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 ICIC0005313.

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 Indore Choithram Mandi in Indore, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Icici Bank Limited in Indore Choithram Mandi, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Icici Bank Limited website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Indore manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited Indore Choithram Mandi Indore?

The IFSC Code of the Indore Choithram Mandi Indore branch is ICIC0005313.

Is IFSC Code ICIC0005313 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Icici Bank Limited Indore Choithram Mandi branch?

The branch is located at Icici Bank Ltd 14 Amitesh Nagar Opp Choithram Mandi Indore Madhya Pradesh 452014.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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