IFSC Code of Icici Bank Limited, Siolim, Goa, Siolim, Goa — ICIC0001542

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 Siolim, Goa branch in North Goa, Siolim, 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 ICIC0001542. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Icici Bank Limited, Siolim, Goa, North Goa

The table below shows the main details of the IFSC Code ICIC0001542 for the Icici Bank Limited branch in North Goa, which falls under the Siolim district in Goa.

These details are essential not only for online banking users but also for businesses and individuals who use Icici Bank Limited in North Goa for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0001542 for the Siolim, Goa 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 provided by the Reserve Bank of India. Every bank branch, including Icici Bank Limited located in Siolim, Goa, North Goa, Goa, is provided with a unique IFSC like ICIC0001542 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 Siolim.
• 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 Siolim, Goa do not get mixed with another location.

Format of the IFSC Code ICIC0001542

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 Siolim, Goa in North Goa.

For example, the IFSC Code ICIC0001542 of Icici Bank Limited for the Siolim, Goa 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?

To find the IFSC Code ICIC0001542 of Icici Bank Limited for its Siolim, Goa branch located in North Goa, 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 North Goa and Siolim, 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 Siolim, Goa or North Goa to find the exact IFSC Code ICIC0001542.

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 North Goa will provide accurate information.

How to Use IFSC Code ICIC0001542 for Online Transfers?

Once you have the IFSC Code ICIC0001542 for the Siolim, Goa 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 ICIC0001542. 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 ICIC0001542.

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 Siolim, Goa 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 Siolim, Goa, here are some ways that you can get 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.

If you know both IFSC and MICR codes, then it can help account holders in North Goa manage online transfers as well as cheque clearances with ease.