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 Chirala branch in Prakasam, Chirala, Andhra Pradesh, 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 Prakasam or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code ICIC0002386. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Icici Bank Limited, Chirala, Prakasam

Here are some of the key details that come with the IFSC Code ICIC0002386 of Icici Bank Limited for its branch located in Prakasam, within the district of Chirala in the state of Andhra Pradesh.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0002386
Branch Chirala
City Prakasam
District Chirala
State Andhra Pradesh
Address Icici Bank Ltd., 14.20.28, Lic Office Road, Near Railway Station, Chirala, Prakasam Dist, Andhra Pradesh.523155

These details are essential not only for online banking users but also for businesses and individuals who use Icici Bank Limited in Prakasam for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0002386 for the Chirala 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, along with Icici Bank Limited located in Chirala, Prakasam, Andhra Pradesh, are allotted a unique IFSC like ICIC0002386 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Prakasam.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Prakasam and Chirala.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Icici Bank Limited in Chirala reaches the right place, even though there are thousands of branches in Andhra Pradesh and across India.

Format of the IFSC Code ICIC0002386

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 Chirala in Prakasam.

For example, the IFSC Code ICIC0002386 of Icici Bank Limited for the Chirala branch includes these elements, identifying the bank and the branch location in Prakasam and Andhra Pradesh accurately.

How to Find IFSC Code for Icici Bank Limited?

To find the IFSC Code ICIC0002386 of Icici Bank Limited for its Chirala branch located in Prakasam, 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 Prakasam and Chirala, 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 Chirala or Prakasam to find the exact IFSC Code ICIC0002386.

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 Prakasam will provide accurate information.

How to Use IFSC Code ICIC0002386 for Online Transfers?

Once you have the IFSC Code ICIC0002386 for the Chirala branch of Icici Bank Limited in Prakasam, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ICIC0002386. 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 ICIC0002386.

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 Chirala in Prakasam, it can result in delayed or failed transactions.

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 Chirala, 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 Prakasam manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited in Chirala, Prakasam?

The IFSC Code is ICIC0002386.

Is the IFSC Code ICIC0002386 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

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

What is the full address of the Chirala branch?

The address of the branch is Icici Bank Ltd., 14.20.28, Lic Office Road, Near Railway Station, Chirala, Prakasam Dist, Andhra Pradesh.523155 located in Prakasam, Chirala, Andhra Pradesh.

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.