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 Raxaul Bazar, Bihar branch in Purbi Champaran, Raxaul, Bihar, 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 Purbi Champaran or anywhere in Bihar can easily transfer funds instantly by using the correct IFSC Code ICIC0001621. 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, Raxaul Bazar, Bihar, Purbi Champaran

Below in the table are the key details related to IFSC Code ICIC0001621 of Icici Bank Limited for its branch located in Purbi Champaran, within the district of Raxaul in the state of Bihar.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0001621
Branch Raxaul Bazar, Bihar
City Purbi Champaran
District Raxaul
State Bihar
Address Icici Bank Ltd., Sikaria Complex, Main Road, Raxaul Bazar Purbi Champaran Dist., Bihar.845305

These details are important not only for users using online banking but also for businesses and individuals who use Icici Bank Limited in Purbi Champaran for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ICIC0001621 for the Raxaul Bazar, Bihar 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 ICIC0001621 is given to every bank branch, including Icici Bank Limited located in Raxaul Bazar, Bihar, Purbi Champaran, Bihar, 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 Purbi Champaran.
  • 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 Purbi Champaran and Raxaul.
  • 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 Bihar and the rest of India, which is why the IFSC Code ensures that transactions meant for Icici Bank Limited in Raxaul Bazar, Bihar doesn't end up at another location.

Format of the IFSC Code ICIC0001621

The format of the IFSC Code for banks, including Icici Bank Limited, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Icici Bank Limited, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Raxaul Bazar, Bihar in Purbi Champaran.

For example, the IFSC Code ICIC0001621 of Icici Bank Limited for the Raxaul Bazar, Bihar branch includes these elements, identifying the bank and the branch location in Purbi Champaran and Bihar correctly.

How to Find IFSC Code for Icici Bank Limited?

To find the IFSC Code ICIC0001621 of Icici Bank Limited for its Raxaul Bazar, Bihar branch located in Purbi Champaran, 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 Purbi Champaran and Raxaul, 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 Raxaul Bazar, Bihar or Purbi Champaran to find the exact IFSC Code ICIC0001621.

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 Purbi Champaran will provide accurate information.

How to Use IFSC Code ICIC0001621 for Online Transfers?

If you have the IFSC Code ICIC0001621 for the Raxaul Bazar, Bihar branch of Icici Bank Limited in Purbi Champaran, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ICIC0001621. 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 ICIC0001621.

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 Raxaul Bazar, Bihar in Purbi Champaran, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Icici Bank Limited in Raxaul Bazar, Bihar, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Purbi Champaran manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited Raxaul Bazar, Bihar Purbi Champaran?

The IFSC Code of the Raxaul Bazar, Bihar Purbi Champaran branch is ICIC0001621.

Is IFSC Code ICIC0001621 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 Raxaul Bazar, Bihar branch?

The branch is located at Icici Bank Ltd., Sikaria Complex, Main Road, Raxaul Bazar Purbi Champaran Dist., Bihar.845305.

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.