IFSC Code of Icici Bank Limited, Baloda Bazar, Bhatapara, Chhattisgarh — ICIC0002551

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Icici Bank Limited for its Baloda Bazar branch in Raipur, Bhatapara, Chhattisgarh, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Icici Bank Limited located in Raipur or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code ICIC0002551. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Icici Bank Limited, Baloda Bazar, Raipur

Here are some of the key details that come with the IFSC Code ICIC0002551 of Icici Bank Limited for its branch located in Raipur, within the district of Bhatapara 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 ICIC0002551 for the Baloda Bazar 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 Baloda Bazar, Raipur, Chhattisgarh, is provided a unique IFSC like ICIC0002551 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 Bhatapara.
• 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 Baloda Bazar do not get misguided to another person.

Format of the IFSC Code ICIC0002551

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 Baloda Bazar in Raipur.

For example, the IFSC Code ICIC0002551 of Icici Bank Limited for the Baloda Bazar 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 looking for the IFSC Code ICIC0002551 of Icici Bank Limited for its Baloda Bazar branch located in Raipur, 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 Raipur and Bhatapara, 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 Baloda Bazar or Raipur to get the exact IFSC Code ICIC0002551.

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 Raipur, then it will provide you proper information.

How to Use IFSC Code ICIC0002551 for Online Transfers?

Once you have the IFSC Code ICIC0002551 for the Baloda Bazar branch of Icici Bank Limited in Raipur, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ICIC0002551. 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 ICIC0002551.

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 Baloda Bazar in Raipur, it can 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 Baloda Bazar, 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.