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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Icici Bank Limited for its Sneh Nagar Jabalpur branch in Jabalpur, Jabalpur, or Madhya Pradesh, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Icici Bank Limited located in Jabalpur or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code ICIC0005920. 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, Sneh Nagar Jabalpur, Jabalpur
Below in the table are the key details related to IFSC Code ICIC0005920 of Icici Bank Limited for its branch located in Jabalpur, within the district of Jabalpur in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0005920 |
| Branch | Sneh Nagar Jabalpur |
| City | Jabalpur |
| District | Jabalpur |
| State | Madhya Pradesh |
| Address | Icici Bank Ltd Sai Prem G1 Jda Scheam No 11 1St Phase Labor Chowk Sneh Nagar Garha Main Road |
These details are crucial, not just for online banking users but also for businesses and individuals who use Icici Bank Limited in Jabalpur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0005920 for the Sneh Nagar Jabalpur 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Icici Bank Limited located in Sneh Nagar Jabalpur, Jabalpur, Madhya Pradesh, is provided a unique IFSC like ICIC0005920 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Icici Bank Limited branch in Jabalpur.
- 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 Jabalpur and Jabalpur.
- 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 Sneh Nagar Jabalpur do not get misguided to another person.
Format of the IFSC Code ICIC0005920
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): These represent the bank code. In Icici Bank Limited, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Sneh Nagar Jabalpur in Jabalpur.
For example, the IFSC Code ICIC0005920 of Icici Bank Limited for the Sneh Nagar Jabalpur branch has these elements, identifying the bank and the branch location in Jabalpur and Madhya Pradesh correctly.
How to Find IFSC Code for Icici Bank Limited?
If you are trying to find the IFSC Code ICIC0005920 of Icici Bank Limited for its Sneh Nagar Jabalpur branch located in Jabalpur, 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 Jabalpur and Jabalpur, 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 Sneh Nagar Jabalpur or Jabalpur to get the exact IFSC Code ICIC0005920.
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 Jabalpur, you'll get the correct details.
How to Use IFSC Code ICIC0005920 for Online Transfers?
If you have the IFSC Code ICIC0005920 for the Sneh Nagar Jabalpur branch of Icici Bank Limited in Jabalpur, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0005920. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Icici Bank Limited IFSC Code ICIC0005920.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Icici Bank Limited Sneh Nagar Jabalpur in Jabalpur, it may result in delayed or failed transactions.
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 Sneh Nagar Jabalpur, 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 Jabalpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0005920.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can 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 Sai Prem G1 Jda Scheam No 11 1St Phase Labor Chowk Sneh Nagar Garha Main Road located in Jabalpur, Jabalpur, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.