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 Rau, Madhya Pradesh branch in Indore, Rau, 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 ICIC0001717. 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, Rau, Madhya Pradesh, Indore
The table below shows the main details of the IFSC Code ICIC0001717 for the Icici Bank Limited branch in Indore, which falls under the Rau district in Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0001717 |
| Branch | Rau, Madhya Pradesh |
| City | Indore |
| District | Rau |
| State | Madhya Pradesh |
| Address | Icici Bank Ltd., 801/1, A.B.Road, Rao Dist Indore Madhya Pradesh.453331 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Icici Bank Limited in Indore for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0001717 for the Rau, Madhya Pradesh 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 that is provided by the Reserve Bank of India. A unique IFSC like ICIC0001717 is given to every bank branch, including Icici Bank Limited located in Rau, Madhya Pradesh, Indore, Madhya Pradesh, to make sure that online payments reach the right place.
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 kind of confusion between multiple branches of the same bank across different places like Indore and Rau.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Madhya Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Icici Bank Limited in Rau, Madhya Pradesh doesn't end up at another location.
Format of the IFSC Code ICIC0001717
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 Rau, Madhya Pradesh in Indore.
For example, the IFSC Code ICIC0001717 of Icici Bank Limited for the Rau, Madhya Pradesh branch includes these elements, identifying the bank and the branch location in Indore and Madhya Pradesh correctly.
How to Find IFSC Code for Icici Bank Limited?
If you are trying to find the IFSC Code ICIC0001717 of Icici Bank Limited for its Rau, Madhya Pradesh 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
Most banks, including Icici Bank Limited branches in Indore and Rau, 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 Rau, Madhya Pradesh or Indore to get the exact IFSC Code ICIC0001717.
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 ICIC0001717 for Online Transfers?
Once you have the IFSC Code ICIC0001717 for the Rau, Madhya Pradesh 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 ICIC0001717. 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 ICIC0001717.
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 Rau, Madhya Pradesh 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 Rau, Madhya Pradesh, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Indore manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0001717.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Icici Bank Ltd., 801/1, A.B.Road, Rao Dist Indore Madhya Pradesh.453331 located in Indore, Rau, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.