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 Bhatagaon 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 ICIC0004723. 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, Bhatagaon, Raipur

Here are the key points that are associated with the IFSC Code ICIC0004723 of Icici Bank Limited for its branch located in Raipur, within the district of Raipur in the state of Chhattisgarh.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0004723
Branch Bhatagaon
City Raipur
District Raipur
State Chhattisgarh
Address Icici Bank Ltd Near Diwan Hospital Ring Road No 1 Bhatagaon Raipur

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 ICIC0004723 for the Bhatagaon 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 Bhatagaon, Raipur, Chhattisgarh, is provided a unique IFSC like ICIC0004723 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 Bhatagaon do not get misguided to another person.

Format of the IFSC Code ICIC0004723

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 Bhatagaon in Raipur.

For example, the IFSC Code ICIC0004723 of Icici Bank Limited for the Bhatagaon branch includes these elements, identifying the bank and the branch location in Raipur and Chhattisgarh correctly.

How to Find IFSC Code for Icici Bank Limited?

To find the IFSC Code ICIC0004723 of Icici Bank Limited for its Bhatagaon branch located in Raipur, 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 Raipur and Raipur, 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 Bhatagaon or Raipur to find the exact IFSC Code ICIC0004723.

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 Raipur will provide accurate information.

How to Use IFSC Code ICIC0004723 for Online Transfers?

Once you have the IFSC Code ICIC0004723 for the Bhatagaon 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 ICIC0004723. 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 ICIC0004723.

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 Bhatagaon 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 Bhatagaon, 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.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited in Bhatagaon, Raipur?

The IFSC Code is ICIC0004723.

Is the IFSC Code ICIC0004723 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Icici Bank Limited Bhatagaon?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Bhatagaon branch?

The address of the branch is Icici Bank Ltd Near Diwan Hospital Ring Road No 1 Bhatagaon Raipur located in Raipur, Raipur, Chhattisgarh.

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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