For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Icici Bank Limited for its Morvi Mahendranagar branch in Rajkot, Morvi, Gujarat, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Icici Bank Limited located in Rajkot or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code ICIC0003624. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Icici Bank Limited, Morvi Mahendranagar, Rajkot
Below in the table are the key details related to IFSC Code ICIC0003624 of Icici Bank Limited for its branch located in Rajkot, within the district of Morvi in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0003624 |
| Branch | Morvi Mahendranagar |
| City | Rajkot |
| District | Morvi |
| State | Gujarat |
| Address | Icici Bank Ltd., Near Mahendranagar Chowkdi, Halvad Road, Morbi, Rajkot Dist.363642 |
These details are important not only for users using online banking but also for businesses and individuals who use Icici Bank Limited in Rajkot for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ICIC0003624 for the Morvi Mahendranagar branch of Icici Bank Limited is vital.
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, along with Icici Bank Limited located in Morvi Mahendranagar, Rajkot, Gujarat, are allotted a unique IFSC like ICIC0003624 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Rajkot.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Rajkot and Morvi.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Icici Bank Limited in Morvi Mahendranagar reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code ICIC0003624
The format of the IFSC Code for banks, including Icici Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Icici Bank Limited, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Morvi Mahendranagar in Rajkot.
For example, the IFSC Code ICIC0003624 of Icici Bank Limited for the Morvi Mahendranagar 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 ICIC0003624 of Icici Bank Limited for its Morvi Mahendranagar 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 Morvi, 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 Morvi Mahendranagar or Rajkot to get the exact IFSC Code ICIC0003624.
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 ICIC0003624 for Online Transfers?
If you have the IFSC Code ICIC0003624 for the Morvi Mahendranagar 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 ICIC0003624. 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 ICIC0003624.
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 Morvi Mahendranagar in Rajkot, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Icici Bank Limited in Morvi Mahendranagar, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Rajkot manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0003624.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Icici Bank Ltd., Near Mahendranagar Chowkdi, Halvad Road, Morbi, Rajkot Dist.363642 located in Rajkot, Morvi, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.