For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Icici Bank Limited for its Panajitaleigao branch in North Goa, Panaji, Goa, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Icici Bank Limited located in North Goa or anywhere in Goa can transfer funds instantly by using the correct IFSC Code ICIC0001983. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Icici Bank Limited, Panajitaleigao, North Goa
Here are the main details that are associated with the IFSC Code ICIC0001983 of Icici Bank Limited for its branch located in North Goa, within the district of Panaji in the state of Goa.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0001983 |
| Branch | Panajitaleigao |
| City | North Goa |
| District | Panaji |
| State | Goa |
| Address | Icici Bank Ltd., Ravalnath Estate, Opp. Football Ground, Near Taleigao Panchyat, Taleigao North Goa Dist., Goa.403002 |
These details help users in online banking and for businesses and individuals who use Icici Bank Limited in North Goa for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0001983 for the Panajitaleigao 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, including Icici Bank Limited located in Panajitaleigao, North Goa, Goa, is provided with a unique IFSC like ICIC0001983 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Icici Bank Limited branch in North Goa.
- 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 North Goa and Panaji.
- 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 Goa and the rest of India and the IFSC Code ensures that transactions meant for Icici Bank Limited in Panajitaleigao do not get mixed with another location.
Format of the IFSC Code ICIC0001983
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 Panajitaleigao in North Goa.
For example, the IFSC Code ICIC0001983 of Icici Bank Limited for the Panajitaleigao branch includes these elements, identifying the bank and the branch location in North Goa and Goa accurately.
How to Find IFSC Code for Icici Bank Limited?
If you are trying to find the IFSC Code ICIC0001983 of Icici Bank Limited for its Panajitaleigao branch located in North Goa, 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 North Goa and Panaji, 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 Panajitaleigao or North Goa to get the exact IFSC Code ICIC0001983.
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 North Goa that will provide accurate information.
How to Use IFSC Code ICIC0001983 for Online Transfers?
Once you have the IFSC Code ICIC0001983 for the Panajitaleigao branch of Icici Bank Limited in North Goa, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ICIC0001983. 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 ICIC0001983.
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 Panajitaleigao in North Goa, 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 Panajitaleigao, 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 North Goa to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0001983.
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., Ravalnath Estate, Opp. Football Ground, Near Taleigao Panchyat, Taleigao North Goa Dist., Goa.403002 located in North Goa, Panaji, Goa.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.