IFSC Code of Icici Bank Limited, Derabassi, Dera Bassi, Punjab — ICIC0000967

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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Icici Bank Limited for its Derabassi branch in Patiala, Dera Bassi, or Punjab, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Icici Bank Limited located in Patiala or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code ICIC0000967. 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, Derabassi, Patiala

Here are some of the key details that come with the IFSC Code ICIC0000967 of Icici Bank Limited for its branch located in Patiala, within the district of Dera Bassi in the state of Punjab.

These details are essential not only for online banking users but also for businesses and individuals who use Icici Bank Limited in Patiala for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0000967 for the Derabassi 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Icici Bank Limited located in Derabassi, Patiala, Punjab, is provided a unique IFSC like ICIC0000967 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Icici Bank Limited branch in Patiala.
• Helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any confusions between multiple branches of the same bank across different places like Patiala and Dera Bassi.
• It reduces most of the errors in fund transfers and makes sure its accuracy.
• It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Punjab and the rest of India, the IFSC Code ensures that transactions meant for Icici Bank Limited in Derabassi do not get misguided to another person.

Format of the IFSC Code ICIC0000967

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): These represent the bank code. In Icici Bank Limited, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Derabassi in Patiala.

For example, the IFSC Code ICIC0000967 of Icici Bank Limited for the Derabassi branch has these elements, identifying the bank and the branch location in Patiala and Punjab correctly.

How to Find IFSC Code for Icici Bank Limited?

If you are looking for the IFSC Code ICIC0000967 of Icici Bank Limited for its Derabassi branch located in Patiala, 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 Patiala and Dera Bassi, 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 Derabassi or Patiala to get the exact IFSC Code ICIC0000967.

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 Patiala, then it will provide you proper information.

How to Use IFSC Code ICIC0000967 for Online Transfers?

Once you have the IFSC Code ICIC0000967 for the Derabassi branch of Icici Bank Limited in Patiala, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ICIC0000967. 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 ICIC0000967.

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 Derabassi in Patiala, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Icici Bank Limited in Derabassi, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official Icici Bank Limited website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Patiala manage online transfers as well as cheque clearances with ease.