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 Jajpur Town branch in Jajpur, Jajpur Town, Odisha, 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 Jajpur or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code ICIC0002162. 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, Jajpur Town, Jajpur
Here are some of the key details that come with the IFSC Code ICIC0002162 of Icici Bank Limited for its branch located in Jajpur, within the district of Jajpur Town in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0002162 |
| Branch | Jajpur Town |
| City | Jajpur |
| District | Jajpur Town |
| State | Odisha |
| Address | Icici Bank Ltd., Athabeli Bazaar, Bus Stand Road, Jajpur Town, Orissa.755001 |
These details are important not only for users using online banking but also for businesses and individuals who use Icici Bank Limited in Jajpur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ICIC0002162 for the Jajpur Town branch of Icici Bank Limited is vital.
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 Jajpur Town, Jajpur, Odisha, are given a unique IFSC like ICIC0002162 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Jajpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Jajpur and Jajpur Town.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Icici Bank Limited in Jajpur Town goes to the correct branch. This is important because Icici Bank Limited has thousands of branches in Odisha and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code ICIC0002162
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 Jajpur Town in Jajpur.
For example, the IFSC Code ICIC0002162 of Icici Bank Limited for the Jajpur Town branch includes these elements, identifying the bank and the branch location in Jajpur and Odisha correctly.
How to Find IFSC Code for Icici Bank Limited?
To find the IFSC Code ICIC0002162 of Icici Bank Limited for its Jajpur Town branch located in Jajpur, the following methods can help you out:
Cheque Book
The cheque book issued by Icici Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Icici Bank Limited branches in Jajpur and Jajpur Town, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Icici Bank Limited and go to the branch locator section. Then search for Jajpur Town or Jajpur to find the exact IFSC Code ICIC0002162.
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 maintains an updated database of all IFSC codes. Searching for Icici Bank Limited and Jajpur will provide accurate information.
How to Use IFSC Code ICIC0002162 for Online Transfers?
Once you have the IFSC Code ICIC0002162 for the Jajpur Town branch of Icici Bank Limited in Jajpur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0002162. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Icici Bank Limited IFSC Code ICIC0002162.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Icici Bank Limited Jajpur Town in Jajpur, it can result in delayed or failed transactions.
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 Jajpur Town, 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 Jajpur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Jajpur Town Jajpur branch is ICIC0002162.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Icici Bank Ltd., Athabeli Bazaar, Bus Stand Road, Jajpur Town, Orissa.755001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.