IFSC Code of Icici Bank Limited, Avanti Vihar, Raipur, Chhattisgarh- ICIC0004720

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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Icici Bank Limited for its Avanti Vihar branch in Raipur, Raipur, Chhattisgarh, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Icici Bank Limited located in Raipur or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code ICIC0004720. 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, Avanti Vihar, Raipur

Here are the main details that are associated with the IFSC Code ICIC0004720 of Icici Bank Limited for its branch located in Raipur, within the district of Raipur in the state of Chhattisgarh.

These details helps users in online banking and for businesses and individuals who use Icici Bank Limited in Raipur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0004720 for the Avanti Vihar 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Icici Bank Limited located in Avanti Vihar, Raipur, Chhattisgarh, is provided a unique IFSC like ICIC0004720 so that their online payments reach the right place.

The IFSC Code is important because:

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

Format of the IFSC Code ICIC0004720

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

AAAA0CCCCCC

Here's the breakdown:

• First 4 characters (AAAA): These represent the bank code. In Icici Bank Limited, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Avanti Vihar in Raipur.

For example, the IFSC Code ICIC0004720 of Icici Bank Limited for the Avanti Vihar branch has these elements, identifying the bank and the branch location in Raipur and Chhattisgarh correctly.

How to Find IFSC Code for Icici Bank Limited?

If you are trying to find the IFSC Code ICIC0004720 of Icici Bank Limited for its Avanti Vihar branch located in Raipur, the following methods can help:

Cheque Book

The cheque book issued by Icici Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Icici Bank Limited branches in Raipur and Raipur, print them on the first page of your passbook.

Bank Website

Visit the official website of Icici Bank Limited and navigate to the branch locator section. Search for Avanti Vihar or Raipur to get the exact IFSC Code ICIC0004720.

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 keeps an updated list of all IFSC codes. If you search for Icici Bank Limited and Raipur, you'll get the correct details.

How to Use IFSC Code ICIC0004720 for Online Transfers?

Once you have the IFSC Code ICIC0004720 for the Avanti Vihar branch of Icici Bank Limited in Raipur, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ICIC0004720. 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 ICIC0004720.

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 Avanti Vihar in Raipur 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 Avanti Vihar, 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 Raipur manage their online transfers and cheque clearances easily.