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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Icici Bank Limited for its Gauribidanur branch in Kolar, Gauribidanur, Kolar, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Icici Bank Limited located in Kolar or anywhere in Kolar can transfer funds instantly by using the correct IFSC Code ICIC0007542. 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, Gauribidanur, Kolar
Below in the table are the key details related to IFSC Code ICIC0007542 of Icici Bank Limited for its branch located in Kolar, within the district of Gauribidanur in the state of Kolar.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0007542 |
| Branch | Gauribidanur |
| City | Kolar |
| District | Gauribidanur |
| State | Kolar |
| Address | Icici Bank Ltd., Nvr Complex No 938/836, Bangalore, Hyderabad Road, Gauribidanur, Chikaballapura, Karnataka.561208 |
These details helps users in online banking and for businesses and individuals who use Icici Bank Limited in Kolar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0007542 for the Gauribidanur 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Icici Bank Limited located in Gauribidanur, Kolar, Kolar, are given a unique IFSC like ICIC0007542 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kolar.
- 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 Kolar and Gauribidanur.
- 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 Gauribidanur goes to the correct branch. This is important because Icici Bank Limited has thousands of branches in Kolar and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code ICIC0007542
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): 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 Gauribidanur in Kolar.
For example, the IFSC Code ICIC0007542 of Icici Bank Limited for the Gauribidanur branch includes these elements, identifying the bank and the branch location in Kolar and Kolar accurately.
How to Find IFSC Code for Icici Bank Limited?
If you are trying to find the IFSC Code ICIC0007542 of Icici Bank Limited for its Gauribidanur branch located in Kolar, 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 Kolar and Gauribidanur, 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 Gauribidanur or Kolar to get the exact IFSC Code ICIC0007542.
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 Kolar that will provide accurate information.
How to Use IFSC Code ICIC0007542 for Online Transfers?
Once you have the IFSC Code ICIC0007542 for the Gauribidanur branch of Icici Bank Limited in Kolar, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0007542. 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 ICIC0007542.
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 Gauribidanur in Kolar 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 Gauribidanur, 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 Kolar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0007542.
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., Nvr Complex No 938/836, Bangalore, Hyderabad Road, Gauribidanur, Chikaballapura, Karnataka.561208 located in Kolar, Gauribidanur, Kolar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.