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 Panipat Eldeco branch in Panipat, Panipat, Haryana, 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 Panipat or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code ICIC0005462. 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, Panipat Eldeco, Panipat

Here are the main details that are associated with the IFSC Code ICIC0005462 of Icici Bank Limited for its branch located in Panipat, within the district of Panipat in the state of Haryana.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0005462
Branch Panipat Eldeco
City Panipat
District Panipat
State Haryana
Address Icici Bank Ltd Sco 27 28Eldeco Hi Street Market Eldeco Panipat District Panipat 132103

These details are essential not only for online banking users but also for businesses and individuals who use Icici Bank Limited in Panipat for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0005462 for the Panipat Eldeco 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 that is provided by the Reserve Bank of India. A unique IFSC like ICIC0005462 is given to every bank branch, including Icici Bank Limited located in Panipat Eldeco, Panipat, Haryana, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Icici Bank Limited branch in Panipat.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Panipat and Panipat.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Haryana and the rest of India, which is why the IFSC Code ensures that transactions meant for Icici Bank Limited in Panipat Eldeco doesn't end up at another location.

Format of the IFSC Code ICIC0005462

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

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Icici Bank Limited, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Panipat Eldeco in Panipat.

For example, the IFSC Code ICIC0005462 of Icici Bank Limited for the Panipat Eldeco branch includes these elements, identifying the bank and the branch location in Panipat and Haryana accurately.

How to Find IFSC Code for Icici Bank Limited?

If you are trying to find the IFSC Code ICIC0005462 of Icici Bank Limited for its Panipat Eldeco branch located in Panipat, the following methods can help:

Cheque Book

The cheque book issued by Icici Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Icici Bank Limited branches in Panipat and Panipat, print them on the first page of your passbook.

Bank Website

Visit the official website of Icici Bank Limited and navigate to the branch locator section. Search for Panipat Eldeco or Panipat to get the exact IFSC Code ICIC0005462.

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 keeps an updated list of all IFSC codes. If you search for Icici Bank Limited and Panipat, you'll get the correct details.

How to Use IFSC Code ICIC0005462 for Online Transfers?

Once you have the IFSC Code ICIC0005462 for the Panipat Eldeco branch of Icici Bank Limited in Panipat, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ICIC0005462. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Icici Bank Limited IFSC Code ICIC0005462.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Icici Bank Limited Panipat Eldeco in Panipat, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Icici Bank Limited in Panipat Eldeco, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Panipat manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited in Panipat Eldeco, Panipat?

The IFSC Code is ICIC0005462.

Is the IFSC Code ICIC0005462 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Icici Bank Limited Panipat Eldeco?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Panipat Eldeco branch?

The address of the branch is Icici Bank Ltd Sco 27 28Eldeco Hi Street Market Eldeco Panipat District Panipat 132103 located in Panipat, Panipat, Haryana.

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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