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 Raipur 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 ICIC0000161. 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, Raipur, Raipur
Here are some of the key details that come with the IFSC Code ICIC0000161 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 | ICIC0000161 |
| Branch | Raipur |
| City | Raipur |
| District | Raipur |
| State | Chhattisgarh |
| Address | Icici Bank Ltd., Plot No. 2/12, 14/21, 15/8, Near Pwd Circuit House, Beside Unicef Office, Civil Line, Raipur.492001, 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 ICIC0000161 for the Raipur 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, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like ICIC0000161 is given to every bank branch, including Icici Bank Limited located in Raipur, Raipur, Chhattisgarh, 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 Raipur.
- 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 Raipur and Raipur.
- 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 Chhattisgarh and the rest of India, which is why the IFSC Code ensures that transactions meant for Icici Bank Limited in Raipur doesn't end up at another location.
Format of the IFSC Code ICIC0000161
This is the format of the IFSC Code for banks, including Icici Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Icici Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Raipur in Raipur.
For example, the IFSC Code ICIC0000161 of Icici Bank Limited for the Raipur branch includes these elements, identifying the bank and the branch location in Raipur and Chhattisgarh accurately.
How to Find IFSC Code for Icici Bank Limited?
To find the IFSC Code ICIC0000161 of Icici Bank Limited for its Raipur 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 Raipur or Raipur to find the exact IFSC Code ICIC0000161.
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 ICIC0000161 for Online Transfers?
Once you have the IFSC Code ICIC0000161 for the Raipur 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 ICIC0000161. 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 ICIC0000161.
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 Raipur in Raipur, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Icici Bank Limited in Raipur, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Icici Bank Limited website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Raipur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Raipur Raipur branch is ICIC0000161.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Icici Bank Ltd., Plot No. 2/12, 14/21, 15/8, Near Pwd Circuit House, Beside Unicef Office, Civil Line, Raipur.492001, Chhattisgarh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.