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 Vikas Cooperative Bank Ltd branch in Latur, Latur, 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 Latur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ICIC00VBLTR. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Icici Bank Limited, Vikas Cooperative Bank Ltd, Latur
Here are the key points that are associated with the IFSC Code ICIC00VBLTR of Icici Bank Limited for its branch located in Latur, within the district of Latur in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC00VBLTR |
| Branch | Vikas Cooperative Bank Ltd |
| City | Latur |
| District | Latur |
| State | Maharashtra |
| Address | 1St Floor Apang Sarathi Building Jivan Vikas Pratishthan Gandhi Maidan Latur 413512 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Icici Bank Limited in Latur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC00VBLTR for the Vikas Cooperative Bank Ltd branch of Icici Bank Limited has 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 Vikas Cooperative Bank Ltd, Latur, Maharashtra, are allotted a unique IFSC like ICIC00VBLTR to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Latur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Latur and Latur.
- 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 Vikas Cooperative Bank Ltd reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code ICIC00VBLTR
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 Vikas Cooperative Bank Ltd in Latur.
For example, the IFSC Code ICIC00VBLTR of Icici Bank Limited for the Vikas Cooperative Bank Ltd branch includes these elements, identifying the bank and the branch location in Latur and Maharashtra correctly.
How to Find IFSC Code for Icici Bank Limited?
If you are trying to find the IFSC Code ICIC00VBLTR of Icici Bank Limited for its Vikas Cooperative Bank Ltd branch located in Latur, 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 Latur and Latur, 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 Vikas Cooperative Bank Ltd or Latur to get the exact IFSC Code ICIC00VBLTR.
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 Latur that will provide accurate information.
How to Use IFSC Code ICIC00VBLTR for Online Transfers?
Once you have the IFSC Code ICIC00VBLTR for the Vikas Cooperative Bank Ltd branch of Icici Bank Limited in Latur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ICIC00VBLTR. 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 ICIC00VBLTR.
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 Vikas Cooperative Bank Ltd in Latur, 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 Vikas Cooperative 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 Latur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Vikas Cooperative Bank Ltd Latur branch is ICIC00VBLTR.
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 1St Floor Apang Sarathi Building Jivan Vikas Pratishthan Gandhi Maidan Latur 413512.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.