The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Icici Bank Limited for its Parshwanath Co Op Bank Ltd branch in Kolhapur, Kolhapur, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Icici Bank Limited located in Kolhapur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ICIC00PCBKL. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Icici Bank Limited, Parshwanath Co Op Bank Ltd, Kolhapur
Here are some of the key details that come with the IFSC Code ICIC00PCBKL of Icici Bank Limited for its branch located in Kolhapur, within the district of Kolhapur in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC00PCBKL |
| Branch | Parshwanath Co Op Bank Ltd |
| City | Kolhapur |
| District | Kolhapur |
| State | Maharashtra |
| Address | 669 E Ward Shahupuri 3Rd Lane Shahupuri Kolhapur 416001 |
These details are essential not only for online banking users but also for businesses and individuals who use Icici Bank Limited in Kolhapur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC00PCBKL for the Parshwanath Co Op Bank Ltd branch of Icici Bank Limited plays an important 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 Parshwanath Co Op Bank Ltd, Kolhapur, Maharashtra, are allotted a unique IFSC like ICIC00PCBKL to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kolhapur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Kolhapur and Kolhapur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Icici Bank Limited in Parshwanath Co Op Bank Ltd reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code ICIC00PCBKL
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 Parshwanath Co Op Bank Ltd in Kolhapur.
For example, the IFSC Code ICIC00PCBKL of Icici Bank Limited for the Parshwanath Co Op Bank Ltd branch has these elements, identifying the bank and the branch location in Kolhapur and Maharashtra correctly.
How to Find IFSC Code for Icici Bank Limited?
If you are trying to find the IFSC Code ICIC00PCBKL of Icici Bank Limited for its Parshwanath Co Op Bank Ltd branch located in Kolhapur, 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
You can easily find the IFSC and MICR codes because most banks, including Icici Bank Limited branches in Kolhapur and Kolhapur, print them 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 Parshwanath Co Op Bank Ltd or Kolhapur to get the exact IFSC Code ICIC00PCBKL.
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 Kolhapur, you'll get the correct details.
How to Use IFSC Code ICIC00PCBKL for Online Transfers?
Once you have the IFSC Code ICIC00PCBKL for the Parshwanath Co Op Bank Ltd branch of Icici Bank Limited in Kolhapur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ICIC00PCBKL. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 ICIC00PCBKL.
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 Parshwanath Co Op Bank Ltd in Kolhapur, 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 Parshwanath Co Op Bank Ltd, 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 Kolhapur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Parshwanath Co Op Bank Ltd Kolhapur branch is ICIC00PCBKL.
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 669 E Ward Shahupuri 3Rd Lane Shahupuri Kolhapur 416001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.