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 Mandya branch in Mandya, Mandya, Karnataka, 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 Mandya or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code ICIC0000741. 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, Mandya, Mandya

The table below shows the main details of the IFSC Code ICIC0000741 for the Icici Bank Limited branch in Mandya, which falls under the Mandya district in Karnataka.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0000741
Branch Mandya
City Mandya
District Mandya
State Karnataka
Address Icici Bank Ltd., No.119/1, Shivaleela Complex, Near Factory Circle M.C. Road, Mandya.571403

These details help users in online banking and for businesses and individuals who use Icici Bank Limited in Mandya for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0000741 for the Mandya 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 Mandya, Mandya, Karnataka, is provided with a unique IFSC like ICIC0000741 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Icici Bank Limited branch in Mandya.
  • 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 Mandya and Mandya.
  • 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 Karnataka and the rest of India and the IFSC Code ensures that transactions meant for Icici Bank Limited in Mandya do not get mixed with another location.

Format of the IFSC Code ICIC0000741

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 Mandya in Mandya.

For example, the IFSC Code ICIC0000741 of Icici Bank Limited for the Mandya branch includes these elements, identifying the bank and the branch location in Mandya and Karnataka accurately.

How to Find IFSC Code for Icici Bank Limited?

If you are trying to find the IFSC Code ICIC0000741 of Icici Bank Limited for its Mandya branch located in Mandya, 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 Mandya and Mandya, 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 Mandya or Mandya to get the exact IFSC Code ICIC0000741.

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 Mandya, you'll get the correct details.

How to Use IFSC Code ICIC0000741 for Online Transfers?

Once you have the IFSC Code ICIC0000741 for the Mandya branch of Icici Bank Limited in Mandya, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code ICIC0000741. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Icici Bank Limited IFSC Code ICIC0000741.

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

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Icici Bank Limited in Mandya, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Icici Bank Limited website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Mandya manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited in Mandya, Mandya?

The IFSC Code is ICIC0000741.

Is the IFSC Code ICIC0000741 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Icici Bank Limited Mandya?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Mandya branch?

The address of the branch is Icici Bank Ltd., No.119/1, Shivaleela Complex, Near Factory Circle M.C. Road, Mandya.571403 located in Mandya, Mandya, Karnataka.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.