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 Sasvad, Maharashtra branch in Pune, Saswad, or Maharashtra, 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 Pune or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ICIC0001477. 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, Sasvad, Maharashtra, Pune

Below in the table are the key details related to IFSC Code ICIC0001477 of Icici Bank Limited for its branch located in Pune, within the district of Saswad in the state of Maharashtra.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0001477
Branch Sasvad, Maharashtra
City Pune
District Saswad
State Maharashtra
Address Icici Bank Ltd., Gala No. 1534/22, Near Vishwa Niranjan Eye Care Hospital, Market Yard, Saswad, Pune.412301, Maharashtra

These details helps users in online banking and for businesses and individuals who use Icici Bank Limited in Pune for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0001477 for the Sasvad, Maharashtra branch of Icici Bank Limited plays a vital 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 Sasvad, Maharashtra, Pune, Maharashtra, are allotted a unique IFSC like ICIC0001477 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Pune.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Pune and Saswad.
  • 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 Sasvad, Maharashtra reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code ICIC0001477

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 Sasvad, Maharashtra in Pune.

For example, the IFSC Code ICIC0001477 of Icici Bank Limited for the Sasvad, Maharashtra 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 looking for the IFSC Code ICIC0001477 of Icici Bank Limited for its Sasvad, Maharashtra branch located in Pune, 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 Pune and Saswad, 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 Sasvad, Maharashtra or Pune to get the exact IFSC Code ICIC0001477.

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 Pune, then it will provide you proper information.

How to Use IFSC Code ICIC0001477 for Online Transfers?

Once you have the IFSC Code ICIC0001477 for the Sasvad, Maharashtra branch of Icici Bank Limited in Pune, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ICIC0001477. 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 ICIC0001477.

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 Sasvad, Maharashtra in Pune, 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 Sasvad, Maharashtra, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Pune to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited Sasvad, Maharashtra Pune?

The IFSC Code of the Sasvad, Maharashtra Pune branch is ICIC0001477.

Is IFSC Code ICIC0001477 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Icici Bank Limited Sasvad, Maharashtra branch?

The branch is located at Icici Bank Ltd., Gala No. 1534/22, Near Vishwa Niranjan Eye Care Hospital, Market Yard, Saswad, Pune.412301, 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.