The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Icici Bank Limited for its Mohaliphase X branch in Rupnagar, Sas Nagar-Mohali, Punjab, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Icici Bank Limited located in Rupnagar or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code ICIC0001525. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Icici Bank Limited, Mohaliphase X, Rupnagar
Here are the main details that are associated with the IFSC Code ICIC0001525 of Icici Bank Limited for its branch located in Rupnagar, within the district of Sas Nagar-Mohali in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0001525 |
| Branch | Mohaliphase X |
| City | Rupnagar |
| District | Sas Nagar-Mohali |
| State | Punjab |
| Address | Icici Bank Ltd., Scf 106, Phase 10, Mohali, Dist. Mohali, Punjab.160062 |
These details are important not only for users using online banking but also for businesses and individuals who use Icici Bank Limited in Rupnagar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ICIC0001525 for the Mohaliphase X 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, along with Icici Bank Limited located in Mohaliphase X, Rupnagar, Punjab, are allotted a unique IFSC like ICIC0001525 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 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 makes sure that money sent to Icici Bank Limited in Mohaliphase X reaches the right place, even though there are thousands of branches in Punjab and across India.
Format of the IFSC Code ICIC0001525
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 Mohaliphase X in Rupnagar.
For example, the IFSC Code ICIC0001525 of Icici Bank Limited for the Mohaliphase X 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 trying to find the IFSC Code ICIC0001525 of Icici Bank Limited for its Mohaliphase X branch located in Rupnagar, 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 Rupnagar and Sas Nagar-Mohali, 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 Mohaliphase X or Rupnagar to get the exact IFSC Code ICIC0001525.
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 Rupnagar, you'll get the correct details.
How to Use IFSC Code ICIC0001525 for Online Transfers?
If you have the IFSC Code ICIC0001525 for the Mohaliphase X 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 ICIC0001525. 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 ICIC0001525.
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 Mohaliphase X in Rupnagar, 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 Mohaliphase X, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Rupnagar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Mohaliphase X Rupnagar branch is ICIC0001525.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Icici Bank Ltd., Scf 106, Phase 10, Mohali, Dist. Mohali, Punjab.160062.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.