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IFSC Code of Icici Bank Limited, Nellore Vedayapalem, Nellore, Andhra Pradesh — ICIC0002503

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Icici Bank Limited for its Nellore Vedayapalem branch in Nellore, Nellore, Andhra Pradesh, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Icici Bank Limited located in Nellore or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code ICIC0002503. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Icici Bank Limited, Nellore Vedayapalem, Nellore

Here are the main details that are associated with the IFSC Code ICIC0002503 of Icici Bank Limited for its branch located in Nellore, within the district of Nellore in the state of Andhra Pradesh.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0002503
Branch Nellore Vedayapalem
City Nellore
District Nellore
State Andhra Pradesh
Address Icici Bank Ltd., D No.25 2 480 1 Savitree Nagar Vedayapalem Nellore.524004

These details helps users in online banking and for businesses and individuals who use Icici Bank Limited in Nellore for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0002503 for the Nellore Vedayapalem 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 Nellore Vedayapalem, Nellore, Andhra Pradesh, are given a unique IFSC like ICIC0002503 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Nellore.
  • 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 Nellore and Nellore.
  • 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 Nellore Vedayapalem goes to the correct branch. This is important because Icici Bank Limited has thousands of branches in Andhra Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code ICIC0002503

The format of the IFSC Code for banks, including Icici Bank Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Icici Bank Limited, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Nellore Vedayapalem in Nellore.

For example, the IFSC Code ICIC0002503 of Icici Bank Limited for the Nellore Vedayapalem branch includes these elements, identifying the bank and the branch location in Nellore and Andhra Pradesh accurately.

How to Find IFSC Code for Icici Bank Limited?

To find the IFSC Code ICIC0002503 of Icici Bank Limited for its Nellore Vedayapalem branch located in Nellore, 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 Nellore and Nellore, 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 Nellore Vedayapalem or Nellore to find the exact IFSC Code ICIC0002503.

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 Nellore will provide accurate information.

How to Use IFSC Code ICIC0002503 for Online Transfers?

Once you have the IFSC Code ICIC0002503 for the Nellore Vedayapalem branch of Icici Bank Limited in Nellore, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code ICIC0002503. 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 ICIC0002503.

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 Nellore Vedayapalem in Nellore, 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 Nellore Vedayapalem, 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 Nellore to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited Nellore Vedayapalem Nellore?

The IFSC Code of the Nellore Vedayapalem Nellore branch is ICIC0002503.

Is IFSC Code ICIC0002503 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 Nellore Vedayapalem branch?

The branch is located at Icici Bank Ltd., D No.25 2 480 1 Savitree Nagar Vedayapalem Nellore.524004.

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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