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 Sinhagad Road branch in Pune, Pune, Maharashtra, 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 Pune or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ICIC0001802. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Icici Bank Limited, Sinhagad Road, Pune
Here are the main details that are associated with the IFSC Code ICIC0001802 of Icici Bank Limited for its branch located in Pune, within the district of Pune in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0001802 |
| Branch | Sinhagad Road |
| City | Pune |
| District | Pune |
| State | Maharashtra |
| Address | Icici Bank Ltd., Shop No. 5 To 10,Ganga Bhagyoday, Next To Manikbaug Petrol Pump,Sinhagad Road, Pune Maharashtra.411051 |
These details are important not only for users using online banking but also for businesses and individuals who use Icici Bank Limited in Pune for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ICIC0001802 for the Sinhagad Road branch of Icici Bank Limited is vital.
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 Sinhagad Road, Pune, Maharashtra, is provided a unique IFSC like ICIC0001802 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 Pune.
- 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 Sinhagad Road do not get misguided to another person.
Format of the IFSC Code ICIC0001802
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 Sinhagad Road in Pune.
For example, the IFSC Code ICIC0001802 of Icici Bank Limited for the Sinhagad Road 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 ICIC0001802 of Icici Bank Limited for its Sinhagad Road 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 Pune, 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 Sinhagad Road or Pune to get the exact IFSC Code ICIC0001802.
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 ICIC0001802 for Online Transfers?
Once you have the IFSC Code ICIC0001802 for the Sinhagad Road branch of Icici Bank Limited in Pune, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0001802. Transfers are processed in batches. This is 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. Requires the recipient's account details and Icici Bank Limited IFSC Code ICIC0001802.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Icici Bank Limited Sinhagad Road in Pune 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 Sinhagad Road, 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)
The IFSC Code is ICIC0001802.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Icici Bank Ltd., Shop No. 5 To 10,Ganga Bhagyoday, Next To Manikbaug Petrol Pump,Sinhagad Road, Pune Maharashtra.411051 located in Pune, Pune, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.