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 Mastipur branch in Mahbubnagar, Atmakur, Telangana, 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 Mahbubnagar or anywhere in Telangana can easily transfer funds instantly by using the correct IFSC Code ICIC0002221. 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, Mastipur, Mahbubnagar
Below in the table are the key details related to IFSC Code ICIC0002221 of Icici Bank Limited for its branch located in Mahbubnagar, within the district of Atmakur in the state of Telangana.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0002221 |
| Branch | Mastipur |
| City | Mahbubnagar |
| District | Atmakur |
| State | Telangana |
| Address | Icici Bank Ltd., H.No. 3.27, Mastipur Village, Amarchintha Mandal, Dist. Wanaparthy, Telangana.509130 |
These details help users in online banking and for businesses and individuals who use Icici Bank Limited in Mahbubnagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0002221 for the Mastipur 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, including Icici Bank Limited located in Mastipur, Mahbubnagar, Telangana, is provided with a unique IFSC like ICIC0002221 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Icici Bank Limited branch in Mahbubnagar.
- 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 Mahbubnagar and Atmakur.
- 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 Telangana and the rest of India and the IFSC Code ensures that transactions meant for Icici Bank Limited in Mastipur do not get mixed with another location.
Format of the IFSC Code ICIC0002221
The format of the IFSC Code for banks, including Icici Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Icici Bank Limited, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Mastipur in Mahbubnagar.
For example, the IFSC Code ICIC0002221 of Icici Bank Limited for the Mastipur branch includes these elements, identifying the bank and the branch location in Mahbubnagar and Telangana accurately.
How to Find IFSC Code for Icici Bank Limited?
If you are trying to find the IFSC Code ICIC0002221 of Icici Bank Limited for its Mastipur branch located in Mahbubnagar, 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 Mahbubnagar and Atmakur, 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 Mastipur or Mahbubnagar to get the exact IFSC Code ICIC0002221.
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 Mahbubnagar, you'll get the correct details.
How to Use IFSC Code ICIC0002221 for Online Transfers?
Once you have the IFSC Code ICIC0002221 for the Mastipur branch of Icici Bank Limited in Mahbubnagar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ICIC0002221. 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 ICIC0002221.
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 Mastipur in Mahbubnagar, 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 Mastipur, 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 Mahbubnagar manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0002221.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily 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., H.No. 3.27, Mastipur Village, Amarchintha Mandal, Dist. Wanaparthy, Telangana.509130 located in Mahbubnagar, Atmakur, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.