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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Icici Bank Limited for its Shree Vyankatesh Co Op Bank Limited Malegaon branch in Nasik, Nashik, Maharashtra, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Icici Bank Limited located in Nasik or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ICIC00SVCBL. 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, Shree Vyankatesh Co Op Bank Limited Malegaon, Nasik

Here are the key points that are associated with the IFSC Code ICIC00SVCBL of Icici Bank Limited for its branch located in Nasik, within the district of Nashik in the state of Maharashtra.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC00SVCBL
Branch Shree Vyankatesh Co Op Bank Limited Malegaon
City Nasik
District Nashik
State Maharashtra
Address Mkt Yd Krishi Utpana Bazar Sameety Awar Malegaon 423203

These details help users in online banking and for businesses and individuals who use Icici Bank Limited in Nasik for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC00SVCBL for the Shree Vyankatesh Co Op Bank Limited Malegaon 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, along with Icici Bank Limited located in Shree Vyankatesh Co Op Bank Limited Malegaon, Nasik, Maharashtra, are given a unique IFSC like ICIC00SVCBL to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Nasik.
  • 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 Nasik and Nashik.
  • 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 Shree Vyankatesh Co Op Bank Limited Malegaon goes to the correct branch. This is important because Icici Bank Limited has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code ICIC00SVCBL

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): These represent the bank code. In Icici Bank Limited, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Shree Vyankatesh Co Op Bank Limited Malegaon in Nasik.

For example, the IFSC Code ICIC00SVCBL of Icici Bank Limited for the Shree Vyankatesh Co Op Bank Limited Malegaon branch has these elements, identifying the bank and the branch location in Nasik and Maharashtra correctly.

How to Find IFSC Code for Icici Bank Limited?

To find the IFSC Code ICIC00SVCBL of Icici Bank Limited for its Shree Vyankatesh Co Op Bank Limited Malegaon branch located in Nasik, 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 Nasik and Nashik, 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 Shree Vyankatesh Co Op Bank Limited Malegaon or Nasik to find the exact IFSC Code ICIC00SVCBL.

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 Nasik will provide accurate information.

How to Use IFSC Code ICIC00SVCBL for Online Transfers?

Once you have the IFSC Code ICIC00SVCBL for the Shree Vyankatesh Co Op Bank Limited Malegaon branch of Icici Bank Limited in Nasik, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code ICIC00SVCBL. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 ICIC00SVCBL.

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 Shree Vyankatesh Co Op Bank Limited Malegaon in Nasik, 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 Shree Vyankatesh Co Op Bank Limited Malegaon, 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 Nasik to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited in Shree Vyankatesh Co Op Bank Limited Malegaon, Nasik?

The IFSC Code is ICIC00SVCBL.

Is the IFSC Code ICIC00SVCBL 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 Shree Vyankatesh Co Op Bank Limited Malegaon?

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 Shree Vyankatesh Co Op Bank Limited Malegaon branch?

The address of the branch is Mkt Yd Krishi Utpana Bazar Sameety Awar Malegaon 423203 located in Nasik, Nashik, Maharashtra.

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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