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 Pallimukku branch in Kollam, Pallimukku, or Kerala, 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 Kollam or anywhere in Kerala can transfer funds instantly by using the correct IFSC Code ICIC0002487. 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, Pallimukku, Kollam

Below in the table are the key details related to IFSC Code ICIC0002487 of Icici Bank Limited for its branch located in Kollam, within the district of Pallimukku in the state of Kerala.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0002487
Branch Pallimukku
City Kollam
District Pallimukku
State Kerala
Address Icici Bank Ltd., Rr Towers,Vadakkevila. P.O,Vendarmukku Jn,Pallimukku Jn, Kollam Kerala.691010

These details are essential not only for online banking users but also for businesses and individuals who use Icici Bank Limited in Kollam for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0002487 for the Pallimukku 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, including Icici Bank Limited located in Pallimukku, Kollam, Kerala, is provided with a unique IFSC like ICIC0002487 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Icici Bank Limited branch in Kollam.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Kollam and Pallimukku.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Kerala and the rest of India and the IFSC Code ensures that transactions meant for Icici Bank Limited in Pallimukku do not get mixed with another location.

Format of the IFSC Code ICIC0002487

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 Pallimukku in Kollam.

For example, the IFSC Code ICIC0002487 of Icici Bank Limited for the Pallimukku branch includes these elements, identifying the bank and the branch location in Kollam and Kerala correctly.

How to Find IFSC Code for Icici Bank Limited?

If you are looking for the IFSC Code ICIC0002487 of Icici Bank Limited for its Pallimukku branch located in Kollam, the following methods can help:

Cheque Book

The cheque book that is issued by Icici Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

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

Bank Website

You can visit the official website of Icici Bank Limited and look for the branch locator section, then search for Pallimukku or Kollam to get the exact IFSC Code ICIC0002487.

Mobile Banking App

If you use Icici Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Icici Bank Limited and Kollam, then it will provide you proper information.

How to Use IFSC Code ICIC0002487 for Online Transfers?

Once you have the IFSC Code ICIC0002487 for the Pallimukku branch of Icici Bank Limited in Kollam, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code ICIC0002487. The transfer is completed in batches instead of instantly. It is useful for both 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 ICIC0002487.

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 Pallimukku in Kollam, 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 Pallimukku, here are some ways that you can get 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.

If you know both IFSC and MICR codes, then it can help account holders in Kollam manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited in Pallimukku, Kollam?

The IFSC Code is ICIC0002487.

Is the IFSC Code ICIC0002487 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Icici Bank Limited Pallimukku?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Pallimukku branch?

The address of the branch is Icici Bank Ltd., Rr Towers,Vadakkevila. P.O,Vendarmukku Jn,Pallimukku Jn, Kollam Kerala.691010 located in Kollam, Pallimukku, Kerala.

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.