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 Kandukur branch in Prakasam, Kandukur, 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 ICIC0000697. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Icici Bank Limited, Kandukur, Prakasam
Here are the key points that are associated with the IFSC Code ICIC0000697 of Icici Bank Limited for its branch located in Prakasam, within the district of Kandukur in the state of Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0000697 |
| Branch | Kandukur |
| City | Prakasam |
| District | Kandukur |
| State | Andhra Pradesh |
| Address | Icici Bank Ltd., No 16137, Pamur Road, Kandukur, Prakasam District, Andhra Pradesh.523105 |
These details are important not only for users using online banking but also for businesses and individuals who use Icici Bank Limited in Prakasam for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ICIC0000697 for the Kandukur branch of Icici Bank Limited is vital.
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 ICIC0000697 is given to every bank branch, including Icici Bank Limited located in Kandukur, Prakasam, Andhra Pradesh, 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 Prakasam.
- 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 Prakasam and Kandukur.
- 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 Andhra Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Icici Bank Limited in Kandukur doesn't end up at another location.
Format of the IFSC Code ICIC0000697
The format of the IFSC Code for banks, including Icici Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Icici Bank Limited, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Kandukur in Prakasam.
For example, the IFSC Code ICIC0000697 of Icici Bank Limited for the Kandukur 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?
If you are trying to find the IFSC Code ICIC0000697 of Icici Bank Limited for its Kandukur branch located in Prakasam, 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
Most banks, including Icici Bank Limited branches in Prakasam and Kandukur, print the IFSC and MICR codes 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 Kandukur or Prakasam to get the exact IFSC Code ICIC0000697.
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 Prakasam, you'll get the correct details.
How to Use IFSC Code ICIC0000697 for Online Transfers?
If you have the IFSC Code ICIC0000697 for the Kandukur branch of Icici Bank Limited in Prakasam, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0000697. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Icici Bank Limited IFSC Code ICIC0000697.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Icici Bank Limited Kandukur in Prakasam, it may 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 Kandukur, 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 Prakasam manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Kandukur Prakasam branch is ICIC0000697.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Icici Bank Ltd., No 16137, Pamur Road, Kandukur, Prakasam District, Andhra Pradesh.523105.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.