Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Icici Bank Limited for its Savner, Maharashtra branch in Nagpur, Saoner, or Maharashtra, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Icici Bank Limited located in Nagpur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ICIC0001464. You should definitely 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, Savner, Maharashtra, Nagpur
Here are the key points that are associated with the IFSC Code ICIC0001464 of Icici Bank Limited for its branch located in Nagpur, within the district of Saoner in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0001464 |
| Branch | Savner, Maharashtra |
| City | Nagpur |
| District | Saoner |
| State | Maharashtra |
| Address | Icici Bank Ltd., Cb Tower, 173, Main Road, Savner Nagpur Dist., Maharashtra.441107 |
These details are essential not only for online banking users but also for businesses and individuals who use Icici Bank Limited in Nagpur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0001464 for the Savner, Maharashtra 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 that is provided by the Reserve Bank of India. A unique IFSC like ICIC0001464 is given to every bank branch, including Icici Bank Limited located in Savner, Maharashtra, Nagpur, Maharashtra, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Icici Bank Limited branch in Nagpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Nagpur and Saoner.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Icici Bank Limited in Savner, Maharashtra doesn't end up at another location.
Format of the IFSC Code ICIC0001464
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 Savner, Maharashtra in Nagpur.
For example, the IFSC Code ICIC0001464 of Icici Bank Limited for the Savner, Maharashtra branch includes these elements, identifying the bank and the branch location in Nagpur and Maharashtra accurately.
How to Find IFSC Code for Icici Bank Limited?
To find the IFSC Code ICIC0001464 of Icici Bank Limited for its Savner, Maharashtra branch located in Nagpur, 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 Nagpur and Saoner, 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 Savner, Maharashtra or Nagpur to find the exact IFSC Code ICIC0001464.
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 Nagpur will provide accurate information.
How to Use IFSC Code ICIC0001464 for Online Transfers?
Once you have the IFSC Code ICIC0001464 for the Savner, Maharashtra branch of Icici Bank Limited in Nagpur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0001464. 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 ICIC0001464.
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 Savner, Maharashtra in Nagpur, it can result in delayed or failed transactions.
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 Savner, Maharashtra, 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 Nagpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0001464.
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., Cb Tower, 173, Main Road, Savner Nagpur Dist., Maharashtra.441107 located in Nagpur, Saoner, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.