IFSC Code of Icici Bank Limited, Raisen, Raisen, Madhya Pradesh — ICIC0000947

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 Raisen branch in Raisen, Raisen, Madhya Pradesh, 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 Raisen or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code ICIC0000947. 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, Raisen, Raisen

Here are the key points that are associated with the IFSC Code ICIC0000947 of Icici Bank Limited for its branch located in Raisen, within the district of Raisen in the state of Madhya Pradesh.

These details are essential not only for online banking users but also for businesses and individuals who use Icici Bank Limited in Raisen for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0000947 for the Raisen branch of Icici Bank Limited plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Icici Bank Limited located in Raisen, Raisen, Madhya Pradesh, is provided with a unique IFSC like ICIC0000947 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Icici Bank Limited branch in Raisen.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any errors or confusions between multiple branches of the same bank across different places like Raisen and Raisen.
• It reduces errors in fund transfers and improves accuracy.
• It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Icici Bank Limited in Raisen do not get mixed with another location.

Format of the IFSC Code ICIC0000947

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): 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 Raisen in Raisen.

For example, the IFSC Code ICIC0000947 of Icici Bank Limited for the Raisen branch includes these elements, identifying the bank and the branch location in Raisen and Madhya Pradesh accurately.

How to Find IFSC Code for Icici Bank Limited?

If you are looking for the IFSC Code ICIC0000947 of Icici Bank Limited for its Raisen 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 Raisen or Raisen to get the exact IFSC Code ICIC0000947.

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 ICIC0000947 for Online Transfers?

Once you have the IFSC Code ICIC0000947 for the Raisen 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 ICIC0000947. 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 ICIC0000947.

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

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Icici Bank Limited in Raisen, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Raisen manage online transfers as well as cheque clearances with ease.