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 Korba branch in Korba, Korba, Chhattisgarh, 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 Korba or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code ICIC0000353. 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, Korba, Korba
Here are the key points that are associated with the IFSC Code ICIC0000353 of Icici Bank Limited for its branch located in Korba, within the district of Korba in the state of Chhattisgarh.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0000353 |
| Branch | Korba |
| City | Korba |
| District | Korba |
| State | Chhattisgarh |
| Address | Icici Bank Ltd., Shop No 5,6,7 Gaurav Commercial Complex, Transport Nagar, Main Road, Korba Chattisgarh.495677 |
These details help users in online banking and for businesses and individuals who use Icici Bank Limited in Korba for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0000353 for the Korba branch of Icici Bank Limited has a very 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 Korba, Korba, Chhattisgarh, are allotted a unique IFSC like ICIC0000353 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Korba.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Korba and Korba.
- 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 Korba reaches the right place, even though there are thousands of branches in Chhattisgarh and across India.
Format of the IFSC Code ICIC0000353
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 Korba in Korba.
For example, the IFSC Code ICIC0000353 of Icici Bank Limited for the Korba branch includes these elements, identifying the bank and the branch location in Korba and Chhattisgarh accurately.
How to Find IFSC Code for Icici Bank Limited?
If you are trying to find the IFSC Code ICIC0000353 of Icici Bank Limited for its Korba branch located in Korba, 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
Most banks, including Icici Bank Limited branches in Korba and Korba, print the IFSC and MICR codes 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 Korba or Korba to get the exact IFSC Code ICIC0000353.
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 Korba, you'll get the correct details.
How to Use IFSC Code ICIC0000353 for Online Transfers?
Once you have the IFSC Code ICIC0000353 for the Korba branch of Icici Bank Limited in Korba, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ICIC0000353. 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 ICIC0000353.
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 Korba in Korba, 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 Korba, 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 Korba to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Korba Korba branch is ICIC0000353.
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., Shop No 5,6,7 Gaurav Commercial Complex, Transport Nagar, Main Road, Korba Chattisgarh.495677.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.