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 Somavaram Bc Outlet branch in Khammam, Wyra, Telangana, 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 Khammam or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code ICIC0007911. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Icici Bank Limited, Somavaram Bc Outlet, Khammam

The table below shows the main details of the IFSC Code ICIC0007911 for the Icici Bank Limited branch in Khammam, which falls under the Wyra district in Telangana.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0007911
Branch Somavaram Bc Outlet
City Khammam
District Wyra
State Telangana
Address Icici Bank Ltd., 2.153/1, Madhira Road,10Th Ward, Somavaram, Wyra, Khammam, Telangana.507165

These details are important not only for users using online banking but also for businesses and individuals who use Icici Bank Limited in Khammam for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ICIC0007911 for the Somavaram Bc Outlet 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 Somavaram Bc Outlet, Khammam, Telangana, are given a unique IFSC like ICIC0007911 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Khammam.
  • 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 Khammam and Wyra.
  • 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 Somavaram Bc Outlet goes to the correct branch. This is important because Icici Bank Limited has thousands of branches in Telangana and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code ICIC0007911

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 Somavaram Bc Outlet in Khammam.

For example, the IFSC Code ICIC0007911 of Icici Bank Limited for the Somavaram Bc Outlet branch has these elements, identifying the bank and the branch location in Khammam and Telangana correctly.

How to Find IFSC Code for Icici Bank Limited?

If you are trying to find the IFSC Code ICIC0007911 of Icici Bank Limited for its Somavaram Bc Outlet branch located in Khammam, the following methods can help:

Cheque Book

The cheque books that are issued by Icici Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

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

Bank Website

Visit the official website of Icici Bank Limited and find the branch locator section. Search for Somavaram Bc Outlet or Khammam to get the exact IFSC Code ICIC0007911.

Mobile Banking App

If you use Icici Bank Limited's mobile app, you can easily 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 to help you in searching for Icici Bank Limited and Khammam that will provide accurate information.

How to Use IFSC Code ICIC0007911 for Online Transfers?

Once you have the IFSC Code ICIC0007911 for the Somavaram Bc Outlet branch of Icici Bank Limited in Khammam, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ICIC0007911. Transfers are processed in batches. This is 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. Requires the recipient's account details and Icici Bank Limited IFSC Code ICIC0007911.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Icici Bank Limited Somavaram Bc Outlet in Khammam may 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 Somavaram Bc Outlet, 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 Khammam 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 Somavaram Bc Outlet, Khammam?

The IFSC Code is ICIC0007911.

Is the IFSC Code ICIC0007911 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 Somavaram Bc Outlet?

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 Somavaram Bc Outlet branch?

The address of the branch is Icici Bank Ltd., 2.153/1, Madhira Road,10Th Ward, Somavaram, Wyra, Khammam, Telangana.507165 located in Khammam, Wyra, Telangana.

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.