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 Nayagarh branch in Nayagarh, Nayagarh, Odisha, 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 Nayagarh or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code ICIC0000780. 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, Nayagarh, Nayagarh
Here are the key points that are associated with the IFSC Code ICIC0000780 of Icici Bank Limited for its branch located in Nayagarh, within the district of Nayagarh in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0000780 |
| Branch | Nayagarh |
| City | Nayagarh |
| District | Nayagarh |
| State | Odisha |
| Address | Icici Bank Ltd., Nayagarh Main Road, Infront Of Mac High School, Nayagarh Orissa.752070 |
These details are important not only for users using online banking but also for businesses and individuals who use Icici Bank Limited in Nayagarh for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ICIC0000780 for the Nayagarh branch of Icici Bank Limited is vital.
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 Nayagarh, Nayagarh, Odisha, is provided with a unique IFSC like ICIC0000780 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Icici Bank Limited branch in Nayagarh.
- 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 Nayagarh and Nayagarh.
- 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 Odisha and the rest of India and the IFSC Code ensures that transactions meant for Icici Bank Limited in Nayagarh do not get mixed with another location.
Format of the IFSC Code ICIC0000780
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 Nayagarh in Nayagarh.
For example, the IFSC Code ICIC0000780 of Icici Bank Limited for the Nayagarh branch includes these elements, identifying the bank and the branch location in Nayagarh and Odisha accurately.
How to Find IFSC Code for Icici Bank Limited?
If you are looking for the IFSC Code ICIC0000780 of Icici Bank Limited for its Nayagarh branch located in Nayagarh, the following methods can help:
Cheque Book
The cheque book that is issued by Icici Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Icici Bank Limited branches in Nayagarh and Nayagarh, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Icici Bank Limited and look for the branch locator section, then search for Nayagarh or Nayagarh to get the exact IFSC Code ICIC0000780.
Mobile Banking App
If you use Icici Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Icici Bank Limited and Nayagarh, then it will provide you proper information.
How to Use IFSC Code ICIC0000780 for Online Transfers?
Once you have the IFSC Code ICIC0000780 for the Nayagarh branch of Icici Bank Limited in Nayagarh, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ICIC0000780. 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 ICIC0000780.
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 Nayagarh in Nayagarh, 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 Nayagarh, 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 Nayagarh to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0000780.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Icici Bank Ltd., Nayagarh Main Road, Infront Of Mac High School, Nayagarh Orissa.752070 located in Nayagarh, Nayagarh, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.