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IFSC Code of Icici Bank Limited, Jugsalai, Jamshedpur, Jharkhand — ICIC0002574

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 Jugsalai branch in Purbi Singhbhum, Jamshedpur, or Jharkhand, 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 Purbi Singhbhum or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code ICIC0002574. 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, Jugsalai, Purbi Singhbhum

Here are some of the key details that come with the IFSC Code ICIC0002574 of Icici Bank Limited for its branch located in Purbi Singhbhum, within the district of Jamshedpur in the state of Jharkhand.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0002574
Branch Jugsalai
City Purbi Singhbhum
District Jamshedpur
State Jharkhand
Address Icici Bank Ltd., Station Road, Jugsalai, Jamshedpur, Dist East Singhbhum, Jharkhand.831002

These details are essential not only for online banking users but also for businesses and individuals who use Icici Bank Limited in Purbi Singhbhum for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0002574 for the Jugsalai branch of Icici Bank Limited plays an important 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 Jugsalai, Purbi Singhbhum, Jharkhand, are allotted a unique IFSC like ICIC0002574 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code ICIC0002574

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 Jugsalai in Purbi Singhbhum.

For example, the IFSC Code ICIC0002574 of Icici Bank Limited for the Jugsalai branch includes these elements, identifying the bank and the branch location in Purbi Singhbhum and Jharkhand accurately.

How to Find IFSC Code for Icici Bank Limited?

If you are looking for the IFSC Code ICIC0002574 of Icici Bank Limited for its Jugsalai branch located in Purbi Singhbhum, 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 Purbi Singhbhum and Jamshedpur, 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 Jugsalai or Purbi Singhbhum to get the exact IFSC Code ICIC0002574.

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 Purbi Singhbhum, then it will provide you proper information.

How to Use IFSC Code ICIC0002574 for Online Transfers?

Once you have the IFSC Code ICIC0002574 for the Jugsalai branch of Icici Bank Limited in Purbi Singhbhum, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code ICIC0002574. The transfer is completed in batches instead of instantly. It is useful for both 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 ICIC0002574.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Icici Bank Limited Jugsalai in Purbi Singhbhum, your payment can get delayed or might not go through at all.

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 Jugsalai, 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 Purbi Singhbhum to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited Jugsalai Purbi Singhbhum?

The IFSC Code of the Jugsalai Purbi Singhbhum branch is ICIC0002574.

Is IFSC Code ICIC0002574 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 Jugsalai branch?

The branch is located at Icici Bank Ltd., Station Road, Jugsalai, Jamshedpur, Dist East Singhbhum, Jharkhand.831002.

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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