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 Mahasamund branch in Mahasamund, Mahasamund, 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 Mahasamund or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code ICIC0000841. 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, Mahasamund, Mahasamund
Here are some of the key details that come with the IFSC Code ICIC0000841 of Icici Bank Limited for its branch located in Mahasamund, within the district of Mahasamund in the state of Chhattisgarh.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0000841 |
| Branch | Mahasamund |
| City | Mahasamund |
| District | Mahasamund |
| State | Chhattisgarh |
| Address | Icici Bank Ltd., Pt. Ravishankar Shukla Ward,Station Road,Mahasamund Chattisgarh.493445 |
These details are important not only for users using online banking but also for businesses and individuals who use Icici Bank Limited in Mahasamund for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ICIC0000841 for the Mahasamund 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 Mahasamund, Mahasamund, Chhattisgarh, is provided a unique IFSC like ICIC0000841 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Icici Bank Limited branch in Mahasamund.
- 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 Mahasamund and Mahasamund.
- 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 Chhattisgarh and the rest of India, the IFSC Code ensures that transactions meant for Icici Bank Limited in Mahasamund do not get misguided to another person.
Format of the IFSC Code ICIC0000841
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 Mahasamund in Mahasamund.
For example, the IFSC Code ICIC0000841 of Icici Bank Limited for the Mahasamund branch has these elements, identifying the bank and the branch location in Mahasamund and Chhattisgarh correctly.
How to Find IFSC Code for Icici Bank Limited?
To find the IFSC Code ICIC0000841 of Icici Bank Limited for its Mahasamund branch located in Mahasamund, the following methods can help you out:
Cheque Book
The cheque book issued by Icici Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Icici Bank Limited branches in Mahasamund and Mahasamund, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Icici Bank Limited and go to the branch locator section. Then search for Mahasamund or Mahasamund to find the exact IFSC Code ICIC0000841.
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 maintains an updated database of all IFSC codes. Searching for Icici Bank Limited and Mahasamund will provide accurate information.
How to Use IFSC Code ICIC0000841 for Online Transfers?
If you have the IFSC Code ICIC0000841 for the Mahasamund branch of Icici Bank Limited in Mahasamund, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0000841. 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 ICIC0000841.
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 Mahasamund in Mahasamund, 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 Mahasamund, 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 Mahasamund to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0000841.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Icici Bank Ltd., Pt. Ravishankar Shukla Ward,Station Road,Mahasamund Chattisgarh.493445 located in Mahasamund, Mahasamund, Chhattisgarh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.