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 Burnihat branch in Ri Bhoi, Burnihat, Meghalaya, 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 Ri Bhoi or anywhere in Meghalaya can transfer funds instantly by using the correct IFSC Code ICIC0002623. 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, Burnihat, Ri Bhoi
The table below shows the main details of the IFSC Code ICIC0002623 for the Icici Bank Limited branch in Ri Bhoi, which falls under the Burnihat district in Meghalaya.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0002623 |
| Branch | Burnihat |
| City | Ri Bhoi |
| District | Burnihat |
| State | Meghalaya |
| Address | Icici Bank Ltd., Near Mira Petrol Pump, Burnihat Amjok, Dist. Ri Bhoi, Meghalaya.793101 |
These details are important not only for users using online banking but also for businesses and individuals who use Icici Bank Limited in Ri Bhoi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ICIC0002623 for the Burnihat 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, including Icici Bank Limited located in Burnihat, Ri Bhoi, Meghalaya, is provided with a unique IFSC like ICIC0002623 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Icici Bank Limited branch in Ri Bhoi.
- 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 Ri Bhoi and Burnihat.
- 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 Meghalaya and the rest of India and the IFSC Code ensures that transactions meant for Icici Bank Limited in Burnihat do not get mixed with another location.
Format of the IFSC Code ICIC0002623
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): Show the bank code. For Icici Bank Limited, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Burnihat in Ri Bhoi.
For example, the IFSC Code ICIC0002623 of Icici Bank Limited for the Burnihat branch includes these elements, identifying the bank and the branch location in Ri Bhoi and Meghalaya accurately.
How to Find IFSC Code for Icici Bank Limited?
If you are trying to find the IFSC Code ICIC0002623 of Icici Bank Limited for its Burnihat branch located in Ri Bhoi, 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
Most banks, including Icici Bank Limited branches in Ri Bhoi and Burnihat, print the IFSC and MICR codes 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 Burnihat or Ri Bhoi to get the exact IFSC Code ICIC0002623.
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 Ri Bhoi, you'll get the correct details.
How to Use IFSC Code ICIC0002623 for Online Transfers?
If you have the IFSC Code ICIC0002623 for the Burnihat branch of Icici Bank Limited in Ri Bhoi, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0002623. 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 ICIC0002623.
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 Burnihat in Ri Bhoi, it 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 Burnihat, 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 Ri Bhoi manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0002623.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily 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 Mira Petrol Pump, Burnihat Amjok, Dist. Ri Bhoi, Meghalaya.793101 located in Ri Bhoi, Burnihat, Meghalaya.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.