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 Budhana branch in Muzaffarnagar, Budhana, Uttar Pradesh, 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 Muzaffarnagar or anywhere in Uttar Pradesh can easily transfer funds instantly by using the correct IFSC Code ICIC0001783. 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, Budhana, Muzaffarnagar
Here are some of the key details that come with the IFSC Code ICIC0001783 of Icici Bank Limited for its branch located in Muzaffarnagar, within the district of Budhana in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0001783 |
| Branch | Budhana |
| City | Muzaffarnagar |
| District | Budhana |
| State | Uttar Pradesh |
| Address | Icici Bank Ltd., 659/1, Pashchimi Pachhala, Kandhla Road,Tehsil Budhana, Muzaffarnagar Dist., Uttar Pradesh.251309 |
These details are essential not only for online banking users but also for businesses and individuals who use Icici Bank Limited in Muzaffarnagar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0001783 for the Budhana 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, including Icici Bank Limited located in Budhana, Muzaffarnagar, Uttar Pradesh, is provided with a unique IFSC like ICIC0001783 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Icici Bank Limited branch in Muzaffarnagar.
- 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 Muzaffarnagar and Budhana.
- 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 Uttar Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Icici Bank Limited in Budhana do not get mixed with another location.
Format of the IFSC Code ICIC0001783
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 Budhana in Muzaffarnagar.
For example, the IFSC Code ICIC0001783 of Icici Bank Limited for the Budhana branch includes these elements, identifying the bank and the branch location in Muzaffarnagar and Uttar Pradesh accurately.
How to Find IFSC Code for Icici Bank Limited?
If you are trying to find the IFSC Code ICIC0001783 of Icici Bank Limited for its Budhana branch located in Muzaffarnagar, the following methods can help:
Cheque Book
The cheque books that are issued by Icici Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Icici Bank Limited branches in Muzaffarnagar and Budhana, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Icici Bank Limited and find the branch locator section. Search for Budhana or Muzaffarnagar to get the exact IFSC Code ICIC0001783.
Mobile Banking App
If you use Icici Bank Limited's mobile app, you can easily 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 to help you in searching for Icici Bank Limited and Muzaffarnagar that will provide accurate information.
How to Use IFSC Code ICIC0001783 for Online Transfers?
Once you have the IFSC Code ICIC0001783 for the Budhana branch of Icici Bank Limited in Muzaffarnagar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ICIC0001783. 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 ICIC0001783.
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 Budhana in Muzaffarnagar, 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 Budhana, 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 Muzaffarnagar manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0001783.
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., 659/1, Pashchimi Pachhala, Kandhla Road,Tehsil Budhana, Muzaffarnagar Dist., Uttar Pradesh.251309 located in Muzaffarnagar, Budhana, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.