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IFSC Code of Icici Bank Limited, Lachapet, Medak, Telangana — ICIC0008287

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 Lachapet branch in Medak, Medak, 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 Medak or anywhere in Telangana can easily transfer funds instantly by using the correct IFSC Code ICIC0008287. 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, Lachapet, Medak

Here are some of the key details that come with the IFSC Code ICIC0008287 of Icici Bank Limited for its branch located in Medak, within the district of Medak in the state of Telangana.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0008287
Branch Lachapet
City Medak
District Medak
State Telangana
Address Icici Bank Ltd H No 9 2 155 Lachapet Dubbak Siddipet 502108

These details helps users in online banking and for businesses and individuals who use Icici Bank Limited in Medak for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0008287 for the Lachapet branch of Icici Bank Limited plays a vital 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 Lachapet, Medak, Telangana, are allotted a unique IFSC like ICIC0008287 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Medak.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Medak and Medak.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Icici Bank Limited in Lachapet reaches the right place, even though there are thousands of branches in Telangana and across India.

Format of the IFSC Code ICIC0008287

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 Lachapet in Medak.

For example, the IFSC Code ICIC0008287 of Icici Bank Limited for the Lachapet branch includes these elements, identifying the bank and the branch location in Medak and Telangana accurately.

How to Find IFSC Code for Icici Bank Limited?

If you are trying to find the IFSC Code ICIC0008287 of Icici Bank Limited for its Lachapet branch located in Medak, 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 Medak and Medak, 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 Lachapet or Medak to get the exact IFSC Code ICIC0008287.

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 Medak, you'll get the correct details.

How to Use IFSC Code ICIC0008287 for Online Transfers?

Once you have the IFSC Code ICIC0008287 for the Lachapet branch of Icici Bank Limited in Medak, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code ICIC0008287. 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 ICIC0008287.

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

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 Lachapet, 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 Medak to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited Lachapet Medak?

The IFSC Code of the Lachapet Medak branch is ICIC0008287.

Is IFSC Code ICIC0008287 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Icici Bank Limited Lachapet branch?

The branch is located at Icici Bank Ltd H No 9 2 155 Lachapet Dubbak Siddipet 502108.

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.

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