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IFSC Code of Icici Bank Limited, Matel, Rajkot, Gujarat — ICIC0004958

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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Icici Bank Limited for its Matel branch in Rajkot, Rajkot, or Gujarat, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Icici Bank Limited located in Rajkot or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code ICIC0004958. 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, Matel, Rajkot

The table below shows the main details of the IFSC Code ICIC0004958 for the Icici Bank Limited branch in Rajkot, which falls under the Rajkot district in Gujarat.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0004958
Branch Matel
City Rajkot
District Rajkot
State Gujarat
Address Icici Bank Ltd, Shop No. 46, 47 48 Survey No. 135 1 Main Road Matel Tal Wankaner Dist Morbi

These details helps users in online banking and for businesses and individuals who use Icici Bank Limited in Rajkot for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0004958 for the Matel 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 provided by the Reserve Bank of India. Every bank branch, including Icici Bank Limited located in Matel, Rajkot, Gujarat, is provided with a unique IFSC like ICIC0004958 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Icici Bank Limited branch in Rajkot.
  • 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 Rajkot and Rajkot.
  • 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 Gujarat and the rest of India and the IFSC Code ensures that transactions meant for Icici Bank Limited in Matel do not get mixed with another location.

Format of the IFSC Code ICIC0004958

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 Matel in Rajkot.

For example, the IFSC Code ICIC0004958 of Icici Bank Limited for the Matel branch includes these elements, identifying the bank and the branch location in Rajkot and Gujarat correctly.

How to Find IFSC Code for Icici Bank Limited?

To find the IFSC Code ICIC0004958 of Icici Bank Limited for its Matel branch located in Rajkot, 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 Rajkot and Rajkot, 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 Matel or Rajkot to find the exact IFSC Code ICIC0004958.

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 Rajkot will provide accurate information.

How to Use IFSC Code ICIC0004958 for Online Transfers?

If you have the IFSC Code ICIC0004958 for the Matel branch of Icici Bank Limited in Rajkot, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ICIC0004958. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Icici Bank Limited IFSC Code ICIC0004958.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Icici Bank Limited Matel in Rajkot, it may result in delayed or failed transactions.

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 Matel, 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 Rajkot manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited in Matel, Rajkot?

The IFSC Code is ICIC0004958.

Is the IFSC Code ICIC0004958 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

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

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Matel branch?

The address of the branch is Icici Bank Ltd, Shop No. 46, 47 48 Survey No. 135 1 Main Road Matel Tal Wankaner Dist Morbi located in Rajkot, Rajkot, Gujarat.

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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