IFSC Code of Icici Bank Limited, Daad, Ludhiana, Punjab — ICIC0005638

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Icici Bank Limited for its Daad branch in Ludhiana, Ludhiana, Punjab, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Icici Bank Limited situated in Ludhiana or anywhere in Punjab can easily transfer funds instantly by using the correct IFSC Code ICIC0005638. You should 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, Daad, Ludhiana

Here are the key points that are associated with the IFSC Code ICIC0005638 of Icici Bank Limited for its branch located in Ludhiana, within the district of Ludhiana in the state of Punjab.

These details are important not only for users using online banking but also for businesses and individuals who use Icici Bank Limited in Ludhiana for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ICIC0005638 for the Daad branch of Icici Bank Limited is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Icici Bank Limited located in Daad, Ludhiana, Punjab, is provided a unique IFSC like ICIC0005638 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Icici Bank Limited branch in Ludhiana.
• Helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any confusions between multiple branches of the same bank across different places like Ludhiana and Ludhiana.
• It reduces most of the errors in fund transfers and makes sure its accuracy.
• It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Punjab and the rest of India, the IFSC Code ensures that transactions meant for Icici Bank Limited in Daad do not get misguided to another person.

Format of the IFSC Code ICIC0005638

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 Daad in Ludhiana.

For example, the IFSC Code ICIC0005638 of Icici Bank Limited for the Daad branch has these elements, identifying the bank and the branch location in Ludhiana and Punjab correctly.

How to Find IFSC Code for Icici Bank Limited?

If you are trying to find the IFSC Code ICIC0005638 of Icici Bank Limited for its Daad branch located in Ludhiana, 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 Ludhiana and Ludhiana, 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 Daad or Ludhiana to get the exact IFSC Code ICIC0005638.

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 Ludhiana that will provide accurate information.

How to Use IFSC Code ICIC0005638 for Online Transfers?

Once you have the IFSC Code ICIC0005638 for the Daad branch of Icici Bank Limited in Ludhiana, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code ICIC0005638. 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 ICIC0005638.

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 Daad in Ludhiana, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Icici Bank Limited in Daad, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Ludhiana manage their online transfers and cheque clearances easily.