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 Oyna Bc Outlet branch in Ranchi, Ormanjhi, or Jharkhand, 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 Ranchi or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code ICIC0005280. 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, Oyna Bc Outlet, Ranchi

Here are the key points that are associated with the IFSC Code ICIC0005280 of Icici Bank Limited for its branch located in Ranchi, within the district of Ormanjhi in the state of Jharkhand.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0005280
Branch Oyna Bc Outlet
City Ranchi
District Ormanjhi
State Jharkhand
Address Icici Bank Ltd, Village Huzir, Post Hundur, Ps Pithoriya Oyna, Ranchi, Jharkhand 835217

These details are essential not only for online banking users but also for businesses and individuals who use Icici Bank Limited in Ranchi for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0005280 for the Oyna Bc Outlet 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Icici Bank Limited located in Oyna Bc Outlet, Ranchi, Jharkhand, is provided a unique IFSC like ICIC0005280 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Icici Bank Limited branch in Ranchi.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Ranchi and Ormanjhi.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Jharkhand and the rest of India, the IFSC Code ensures that transactions meant for Icici Bank Limited in Oyna Bc Outlet do not get misguided to another person.

Format of the IFSC Code ICIC0005280

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): These represent the bank code. In Icici Bank Limited, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Oyna Bc Outlet in Ranchi.

For example, the IFSC Code ICIC0005280 of Icici Bank Limited for the Oyna Bc Outlet branch has these elements, identifying the bank and the branch location in Ranchi and Jharkhand correctly.

How to Find IFSC Code for Icici Bank Limited?

If you are trying to find the IFSC Code ICIC0005280 of Icici Bank Limited for its Oyna Bc Outlet branch located in Ranchi, 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 Ranchi and Ormanjhi, 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 Oyna Bc Outlet or Ranchi to get the exact IFSC Code ICIC0005280.

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 Ranchi, you'll get the correct details.

How to Use IFSC Code ICIC0005280 for Online Transfers?

If you have the IFSC Code ICIC0005280 for the Oyna Bc Outlet branch of Icici Bank Limited in Ranchi, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ICIC0005280. 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 ICIC0005280.

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 Oyna Bc Outlet in Ranchi, 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 Oyna Bc Outlet, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Ranchi to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited Oyna Bc Outlet Ranchi?

The IFSC Code of the Oyna Bc Outlet Ranchi branch is ICIC0005280.

Is IFSC Code ICIC0005280 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Icici Bank Limited Oyna Bc Outlet branch?

The branch is located at Icici Bank Ltd, Village Huzir, Post Hundur, Ps Pithoriya Oyna, Ranchi, Jharkhand 835217.

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.