IFSC Code of Icici Bank Limited, Mohali, Sas Nagar(Mohali), Punjab — ICIC0000058

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Icici Bank Limited for its Mohali branch in Rupnagar, Sas Nagar(Mohali), Punjab, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Icici Bank Limited situated in Rupnagar or anywhere in Punjab can easily transfer funds instantly by using the correct IFSC Code ICIC0000058. You should 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, Mohali, Rupnagar

Here are the key points that are associated with the IFSC Code ICIC0000058 of Icici Bank Limited for its branch located in Rupnagar, within the district of Sas Nagar(Mohali) in the state of Punjab.

These details are essential not only for online banking users but also for businesses and individuals who use Icici Bank Limited in Rupnagar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0000058 for the Mohali 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Icici Bank Limited located in Mohali, Rupnagar, Punjab, are given a unique IFSC like ICIC0000058 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Rupnagar.
• 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 Rupnagar and Sas Nagar(Mohali).
• 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 Mohali goes to the correct branch. This is important because Icici Bank Limited has thousands of branches in Punjab and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code ICIC0000058

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 Mohali in Rupnagar.

For example, the IFSC Code ICIC0000058 of Icici Bank Limited for the Mohali branch includes these elements, identifying the bank and the branch location in Rupnagar and Punjab accurately.

How to Find IFSC Code for Icici Bank Limited?

If you are looking for the IFSC Code ICIC0000058 of Icici Bank Limited for its Mohali branch located in Rupnagar, the following methods can help:

Cheque Book

The cheque book that is issued by Icici Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Icici Bank Limited branches in Rupnagar and Sas Nagar(Mohali), print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Icici Bank Limited and look for the branch locator section, then search for Mohali or Rupnagar to get the exact IFSC Code ICIC0000058.

Mobile Banking App

If you use Icici Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Icici Bank Limited and Rupnagar, then it will provide you proper information.

How to Use IFSC Code ICIC0000058 for Online Transfers?

If you have the IFSC Code ICIC0000058 for the Mohali branch of Icici Bank Limited in Rupnagar, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ICIC0000058. 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 ICIC0000058.

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 Mohali in Rupnagar, 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 Mohali, 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 Rupnagar manage online transfers as well as cheque clearances with ease.