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 Gurunanak Colony branch in Krishna, Vijayawada, Andhra Pradesh, 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 Krishna or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code ICIC0007947. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Icici Bank Limited, Gurunanak Colony, Krishna
Here are the key points that are associated with the IFSC Code ICIC0007947 of Icici Bank Limited for its branch located in Krishna, within the district of Vijayawada in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0007947 |
| Branch | Gurunanak Colony |
| City | Krishna |
| District | Vijayawada |
| State | Andhra Pradesh |
| Address | Icici Bank Ltd., 59A. 8.9, Plot No. 84, Teachers Colony, Patamata, Fun Time Club Road, Gurunanak Colony, Vijayawada, Andhra Pradesh.520008 |
These details are important not only for users using online banking but also for businesses and individuals who use Icici Bank Limited in Krishna for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ICIC0007947 for the Gurunanak Colony 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, including Icici Bank Limited located in Gurunanak Colony, Krishna, Andhra Pradesh, is provided with a unique IFSC like ICIC0007947 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Icici Bank Limited branch in Krishna.
- 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 Krishna and Vijayawada.
- 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 Andhra Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Icici Bank Limited in Gurunanak Colony do not get mixed with another location.
Format of the IFSC Code ICIC0007947
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 Gurunanak Colony in Krishna.
For example, the IFSC Code ICIC0007947 of Icici Bank Limited for the Gurunanak Colony branch includes these elements, identifying the bank and the branch location in Krishna and Andhra Pradesh accurately.
How to Find IFSC Code for Icici Bank Limited?
If you are trying to find the IFSC Code ICIC0007947 of Icici Bank Limited for its Gurunanak Colony branch located in Krishna, 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 Krishna and Vijayawada, 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 Gurunanak Colony or Krishna to get the exact IFSC Code ICIC0007947.
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 Krishna, you'll get the correct details.
How to Use IFSC Code ICIC0007947 for Online Transfers?
If you have the IFSC Code ICIC0007947 for the Gurunanak Colony branch of Icici Bank Limited in Krishna, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0007947. Transfers are processed in batches. 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. Asks for the recipient's account details and Icici Bank Limited IFSC Code ICIC0007947.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Icici Bank Limited Gurunanak Colony in Krishna, it 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 Gurunanak Colony, 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 Krishna manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0007947.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Icici Bank Ltd., 59A. 8.9, Plot No. 84, Teachers Colony, Patamata, Fun Time Club Road, Gurunanak Colony, Vijayawada, Andhra Pradesh.520008 located in Krishna, Vijayawada, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.