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IFSC Code of Icici Bank Limited, Sakharoli Branch, Khed, Maharashtra — ICIC0007377

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 Sakharoli Branch branch in Ratnagiri, Khed, Maharashtra, 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 Ratnagiri or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ICIC0007377. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Icici Bank Limited, Sakharoli Branch, Ratnagiri

Here are the main details that are associated with the IFSC Code ICIC0007377 of Icici Bank Limited for its branch located in Ratnagiri, within the district of Khed in the state of Maharashtra.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0007377
Branch Sakharoli Branch
City Ratnagiri
District Khed
State Maharashtra
Address Icici Bank Ltd., Near Sakharoli St Stand, At Post. Sakharoli, Tal Khed, Dist Ratnagiri, Sakharoli.415709, Maharashtra

These details helps users in online banking and for businesses and individuals who use Icici Bank Limited in Ratnagiri for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0007377 for the Sakharoli Branch 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, along with Icici Bank Limited located in Sakharoli Branch, Ratnagiri, Maharashtra, are given a unique IFSC like ICIC0007377 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Ratnagiri.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Ratnagiri and Khed.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Icici Bank Limited in Sakharoli Branch goes to the correct branch. This is important because Icici Bank Limited has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code ICIC0007377

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 Sakharoli Branch in Ratnagiri.

For example, the IFSC Code ICIC0007377 of Icici Bank Limited for the Sakharoli Branch branch includes these elements, identifying the bank and the branch location in Ratnagiri and Maharashtra accurately.

How to Find IFSC Code for Icici Bank Limited?

If you are trying to find the IFSC Code ICIC0007377 of Icici Bank Limited for its Sakharoli Branch branch located in Ratnagiri, 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 Ratnagiri and Khed, 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 Sakharoli Branch or Ratnagiri to get the exact IFSC Code ICIC0007377.

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 Ratnagiri that will provide accurate information.

How to Use IFSC Code ICIC0007377 for Online Transfers?

Once you have the IFSC Code ICIC0007377 for the Sakharoli Branch branch of Icici Bank Limited in Ratnagiri, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ICIC0007377. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Icici Bank Limited IFSC Code ICIC0007377.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Icici Bank Limited Sakharoli Branch in Ratnagiri, it can 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 Sakharoli Branch, 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 Ratnagiri manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited Sakharoli Branch Ratnagiri?

The IFSC Code of the Sakharoli Branch Ratnagiri branch is ICIC0007377.

Is IFSC Code ICIC0007377 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 Sakharoli Branch branch?

The branch is located at Icici Bank Ltd., Near Sakharoli St Stand, At Post. Sakharoli, Tal Khed, Dist Ratnagiri, Sakharoli.415709, Maharashtra.

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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