IFSC Code of Icici Bank Limited, Pagneshwar, Raisen, Madhya Pradesh — ICIC0002920

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 Pagneshwar branch in Raisen, Raisen, Madhya Pradesh, 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 Raisen or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code ICIC0002920. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Icici Bank Limited, Pagneshwar, Raisen

Here are the key points that are associated with the IFSC Code ICIC0002920 of Icici Bank Limited for its branch located in Raisen, within the district of Raisen in the state of Madhya Pradesh.

These details are important not only for users using online banking but also for businesses and individuals who use Icici Bank Limited in Raisen for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ICIC0002920 for the Pagneshwar branch of Icici Bank Limited is vital.

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 Pagneshwar, Raisen, Madhya Pradesh, is provided a unique IFSC like ICIC0002920 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Icici Bank Limited branch in Raisen.
• 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 Raisen and Raisen.
• 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 Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Icici Bank Limited in Pagneshwar do not get misguided to another person.

Format of the IFSC Code ICIC0002920

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 Pagneshwar in Raisen.

For example, the IFSC Code ICIC0002920 of Icici Bank Limited for the Pagneshwar branch has these elements, identifying the bank and the branch location in Raisen and Madhya Pradesh correctly.

How to Find IFSC Code for Icici Bank Limited?

If you are looking for the IFSC Code ICIC0002920 of Icici Bank Limited for its Pagneshwar branch located in Raisen, 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 Raisen and Raisen, 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 Pagneshwar or Raisen to get the exact IFSC Code ICIC0002920.

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 Raisen, then it will provide you proper information.

How to Use IFSC Code ICIC0002920 for Online Transfers?

Once you have the IFSC Code ICIC0002920 for the Pagneshwar branch of Icici Bank Limited in Raisen, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code ICIC0002920. 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 ICIC0002920.

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 Pagneshwar in Raisen, your payment can get delayed or might not go through at all.

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 Pagneshwar, 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 Raisen manage online transfers as well as cheque clearances with ease.