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 Indore Patel Nagar branch in Indore, Indore, Madhya Pradesh, 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 Indore or anywhere in Madhya Pradesh can easily transfer funds instantly by using the correct IFSC Code ICIC0006571. 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, Indore Patel Nagar, Indore

Below in the table are the key details related to IFSC Code ICIC0006571 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 ICIC0006571
Branch Indore Patel Nagar
City Indore
District Indore
State Madhya Pradesh
Address Icici Bank Ltd., 64A, Sapnasangita Road, Patel Nagar, Indore.452001

These details helps 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 ICIC0006571 for the Indore Patel Nagar 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Icici Bank Limited located in Indore Patel Nagar, Indore, Madhya Pradesh, is provided a unique IFSC like ICIC0006571 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Icici Bank Limited branch in Indore.
  • 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 Indore and Indore.
  • 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 Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Icici Bank Limited in Indore Patel Nagar do not get misguided to another person.

Format of the IFSC Code ICIC0006571

The format of the IFSC Code for banks, including Icici Bank Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Icici Bank Limited, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Indore Patel Nagar in Indore.

For example, the IFSC Code ICIC0006571 of Icici Bank Limited for the Indore Patel Nagar 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 ICIC0006571 of Icici Bank Limited for its Indore Patel Nagar 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 Patel Nagar or Indore to get the exact IFSC Code ICIC0006571.

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 ICIC0006571 for Online Transfers?

Once you have the IFSC Code ICIC0006571 for the Indore Patel Nagar 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 ICIC0006571. 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 ICIC0006571.

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

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 Indore Patel Nagar, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Indore to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited in Indore Patel Nagar, Indore?

The IFSC Code is ICIC0006571.

Is the IFSC Code ICIC0006571 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 Patel Nagar?

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 Patel Nagar branch?

The address of the branch is Icici Bank Ltd., 64A, Sapnasangita Road, Patel Nagar, Indore.452001 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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