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 Indore Kanadia Road branch in Indore, Indore, Madhya Pradesh, 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 Indore or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code ICIC0005916. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Icici Bank Limited, Indore Kanadia Road, Indore

Here are the key points that are associated with the IFSC Code ICIC0005916 of Icici Bank Limited for its branch located in Indore, within the district of Indore in the state of Madhya Pradesh.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0005916
Branch Indore Kanadia Road
City Indore
District Indore
State Madhya Pradesh
Address Plot No 372 Alok Nagar Kanadia Road Gram Khajrana Indore Madhya Pradesh 452015

These details help users in online banking and for businesses and individuals who use Icici Bank Limited in Indore for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0005916 for the Indore Kanadia Road 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 provided by the Reserve Bank of India. Every bank branch, including Icici Bank Limited located in Indore Kanadia Road, Indore, Madhya Pradesh, is provided with a unique IFSC like ICIC0005916 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Icici Bank Limited branch in Indore.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Indore and Indore.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Icici Bank Limited in Indore Kanadia Road do not get mixed with another location.

Format of the IFSC Code ICIC0005916

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 Indore Kanadia Road in Indore.

For example, the IFSC Code ICIC0005916 of Icici Bank Limited for the Indore Kanadia Road 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 looking for the IFSC Code ICIC0005916 of Icici Bank Limited for its Indore Kanadia Road branch located in Indore, the following methods can help:

Cheque Book

The cheque book that is issued by Icici Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Icici Bank Limited branches in Indore and Indore, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Icici Bank Limited and look for the branch locator section, then search for Indore Kanadia Road or Indore to get the exact IFSC Code ICIC0005916.

Mobile Banking App

If you use Icici Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Icici Bank Limited and Indore, then it will provide you proper information.

How to Use IFSC Code ICIC0005916 for Online Transfers?

Once you have the IFSC Code ICIC0005916 for the Indore Kanadia Road 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 ICIC0005916. 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 ICIC0005916.

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 Kanadia Road 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 Kanadia Road, 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 in Indore Kanadia Road, Indore?

The IFSC Code is ICIC0005916.

Is the IFSC Code ICIC0005916 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Icici Bank Limited Indore Kanadia Road?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Indore Kanadia Road branch?

The address of the branch is Plot No 372 Alok Nagar Kanadia Road Gram Khajrana Indore Madhya Pradesh 452015 located in Indore, Indore, Madhya Pradesh.

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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