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 Sunder Nagar branch in Mandi, Sundar Nagar, Himachal 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 Mandi or anywhere in Himachal Pradesh can transfer funds instantly by using the correct IFSC Code ICIC0002123. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Icici Bank Limited, Sunder Nagar, Mandi
Here are the key points that are associated with the IFSC Code ICIC0002123 of Icici Bank Limited for its branch located in Mandi, within the district of Sundar Nagar in the state of Himachal Pradesh.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0002123 |
| Branch | Sunder Nagar |
| City | Mandi |
| District | Sundar Nagar |
| State | Himachal Pradesh |
| Address | Icici Bank Ltd., 67A, Near Gopal Mandir, Nh21, Sunder Nagar, Mandi Dist., Himachal Pradesh.171001 |
These details are essential not only for online banking users but also for businesses and individuals who use Icici Bank Limited in Mandi for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0002123 for the Sunder Nagar branch of Icici Bank Limited plays 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 Sunder Nagar, Mandi, Himachal Pradesh, are given a unique IFSC like ICIC0002123 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Mandi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Mandi and Sundar Nagar.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Icici Bank Limited in Sunder Nagar goes to the correct branch. This is important because Icici Bank Limited has thousands of branches in Himachal Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code ICIC0002123
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 Sunder Nagar in Mandi.
For example, the IFSC Code ICIC0002123 of Icici Bank Limited for the Sunder Nagar branch includes these elements, identifying the bank and the branch location in Mandi and Himachal Pradesh accurately.
How to Find IFSC Code for Icici Bank Limited?
To find the IFSC Code ICIC0002123 of Icici Bank Limited for its Sunder Nagar branch located in Mandi, 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 Mandi and Sundar Nagar, 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 Sunder Nagar or Mandi to find the exact IFSC Code ICIC0002123.
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 Mandi will provide accurate information.
How to Use IFSC Code ICIC0002123 for Online Transfers?
Once you have the IFSC Code ICIC0002123 for the Sunder Nagar branch of Icici Bank Limited in Mandi, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0002123. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Icici Bank Limited IFSC Code ICIC0002123.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Icici Bank Limited Sunder Nagar in Mandi, it can 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 Sunder Nagar, 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 Mandi to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0002123.
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., 67A, Near Gopal Mandir, Nh21, Sunder Nagar, Mandi Dist., Himachal Pradesh.171001 located in Mandi, Sundar Nagar, Himachal Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.