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 Mavdi Circle branch in Rajkot, Rajkot, Gujarat, 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 Rajkot or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code ICIC0002395. 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, Mavdi Circle, Rajkot
The table below shows the main details of the IFSC Code ICIC0002395 for the Icici Bank Limited branch in Rajkot, which falls under the Rajkot district in Gujarat.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0002395 |
| Branch | Mavdi Circle |
| City | Rajkot |
| District | Rajkot |
| State | Gujarat |
| Address | Icici Bank Ltd., Shop No. 38/39, Kruti Onella, Near Ambedkar Nagar Circle, 150 Feet Ring Road, Rajkot, Gujarat.360004 |
These details are essential not only for online banking users but also for businesses and individuals who use Icici Bank Limited in Rajkot for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0002395 for the Mavdi Circle 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 that is provided by the Reserve Bank of India. A unique IFSC like ICIC0002395 is given to every bank branch, including Icici Bank Limited located in Mavdi Circle, Rajkot, Gujarat, 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 Rajkot.
- 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 Rajkot and Rajkot.
- 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 Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for Icici Bank Limited in Mavdi Circle doesn't end up at another location.
Format of the IFSC Code ICIC0002395
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 Mavdi Circle in Rajkot.
For example, the IFSC Code ICIC0002395 of Icici Bank Limited for the Mavdi Circle branch includes these elements, identifying the bank and the branch location in Rajkot and Gujarat accurately.
How to Find IFSC Code for Icici Bank Limited?
If you are trying to find the IFSC Code ICIC0002395 of Icici Bank Limited for its Mavdi Circle branch located in Rajkot, the following methods can help:
Cheque Book
The cheque book issued by Icici Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Icici Bank Limited branches in Rajkot and Rajkot, print them on the first page of your passbook.
Bank Website
Visit the official website of Icici Bank Limited and navigate to the branch locator section. Search for Mavdi Circle or Rajkot to get the exact IFSC Code ICIC0002395.
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 keeps an updated list of all IFSC codes. If you search for Icici Bank Limited and Rajkot, you'll get the correct details.
How to Use IFSC Code ICIC0002395 for Online Transfers?
Once you have the IFSC Code ICIC0002395 for the Mavdi Circle branch of Icici Bank Limited in Rajkot, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0002395. Transfers are processed in batches. This is 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. Requires the recipient's account details and Icici Bank Limited IFSC Code ICIC0002395.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Icici Bank Limited Mavdi Circle in Rajkot may 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 Mavdi Circle, 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 Rajkot manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0002395.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Icici Bank Ltd., Shop No. 38/39, Kruti Onella, Near Ambedkar Nagar Circle, 150 Feet Ring Road, Rajkot, Gujarat.360004 located in Rajkot, Rajkot, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.