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 Rajkotmarket Yard 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 ICIC0003495. 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, Rajkotmarket Yard, Rajkot
Here are some of the key details that come with the IFSC Code ICIC0003495 of Icici Bank Limited for its branch located in Rajkot, within the district of Rajkot in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0003495 |
| Branch | Rajkotmarket Yard |
| City | Rajkot |
| District | Rajkot |
| State | Gujarat |
| Address | Icici Bank Ltd., Office No Pb.105 Bank Building, Rajkot.Morbi Highway, Village Bedi, Rajkot, Gujarat.360003 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Icici Bank Limited in Rajkot for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0003495 for the Rajkotmarket Yard branch of Icici Bank Limited has 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 Rajkotmarket Yard, Rajkot, Gujarat, is provided with a unique IFSC like ICIC0003495 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 Rajkotmarket Yard do not get mixed with another location.
Format of the IFSC Code ICIC0003495
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 Rajkotmarket Yard in Rajkot.
For example, the IFSC Code ICIC0003495 of Icici Bank Limited for the Rajkotmarket Yard 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 ICIC0003495 of Icici Bank Limited for its Rajkotmarket Yard branch located in Rajkot, the following methods can help:
Cheque Book
The cheque books that are issued by Icici Bank Limited include the IFSC Code which is printed on each cheque and 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 find the branch locator section. Search for Rajkotmarket Yard or Rajkot to get the exact IFSC Code ICIC0003495.
Mobile Banking App
If you use Icici Bank Limited's mobile app, you can easily 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 to help you in searching for Icici Bank Limited and Rajkot that will provide accurate information.
How to Use IFSC Code ICIC0003495 for Online Transfers?
If you have the IFSC Code ICIC0003495 for the Rajkotmarket Yard 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 ICIC0003495. 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 ICIC0003495.
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 Rajkotmarket Yard 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 Rajkotmarket Yard, 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 ICIC0003495.
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., Office No Pb.105 Bank Building, Rajkot.Morbi Highway, Village Bedi, Rajkot, Gujarat.360003 located in Rajkot, Rajkot, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.