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IFSC Code of Icici Bank Limited, Daund, Daund, Maharashtra — ICIC0001723

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Icici Bank Limited for its Daund branch in Pune, Daund, Maharashtra, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Icici Bank Limited situated in Pune or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code ICIC0001723. You should 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, Daund, Pune

The table below shows the main details of the IFSC Code ICIC0001723 for the Icici Bank Limited branch in Pune, which falls under the Daund district in Maharashtra.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0001723
Branch Daund
City Pune
District Daund
State Maharashtra
Address Icici Bank Ltd., Shop No.6 7, Samruddhi Apartment, Near Hotel Gokul, Janata Colony, Daund Pune Dist., Maharashtra.413801

These details are crucial, not just for online banking users but also for businesses and individuals who use Icici Bank Limited in Pune for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0001723 for the Daund branch of Icici Bank Limited has 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 Daund, Pune, Maharashtra, is provided a unique IFSC like ICIC0001723 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Icici Bank Limited branch in Pune.
  • 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 Pune and Daund.
  • 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 Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Icici Bank Limited in Daund do not get misguided to another person.

Format of the IFSC Code ICIC0001723

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 Daund in Pune.

For example, the IFSC Code ICIC0001723 of Icici Bank Limited for the Daund branch includes these elements, identifying the bank and the branch location in Pune and Maharashtra accurately.

How to Find IFSC Code for Icici Bank Limited?

If you are trying to find the IFSC Code ICIC0001723 of Icici Bank Limited for its Daund branch located in Pune, the following methods can help:

Cheque Book

The cheque books that are issued by Icici Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Icici Bank Limited branches in Pune and Daund, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Icici Bank Limited and find the branch locator section. Search for Daund or Pune to get the exact IFSC Code ICIC0001723.

Mobile Banking App

If you use Icici Bank Limited's mobile app, you can easily 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 to help you in searching for Icici Bank Limited and Pune that will provide accurate information.

How to Use IFSC Code ICIC0001723 for Online Transfers?

If you have the IFSC Code ICIC0001723 for the Daund branch of Icici Bank Limited in Pune, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ICIC0001723. 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 ICIC0001723.

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 Daund in Pune, it may 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 Daund, 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 Pune manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited in Daund, Pune?

The IFSC Code is ICIC0001723.

Is the IFSC Code ICIC0001723 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 Daund?

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 Daund branch?

The address of the branch is Icici Bank Ltd., Shop No.6 7, Samruddhi Apartment, Near Hotel Gokul, Janata Colony, Daund Pune Dist., Maharashtra.413801 located in Pune, Daund, Maharashtra.

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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