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 Sankari branch in Salem, Sankari, or Tamil Nadu, 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 Salem or anywhere in Tamil Nadu can transfer funds instantly by using the correct IFSC Code ICIC0000886. 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, Sankari, Salem

Here are some of the key details that come with the IFSC Code ICIC0000886 of Icici Bank Limited for its branch located in Salem, within the district of Sankari in the state of Tamil Nadu.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0000886
Branch Sankari
City Salem
District Sankari
State Tamil Nadu
Address Icici Bank Ltd., Sankari Branch, No. 5/03, Kacherikadu, Sankari.637301, Tamil Nadu

These details help users in online banking and for businesses and individuals who use Icici Bank Limited in Salem for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0000886 for the Sankari branch of Icici Bank Limited has a very 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, including Icici Bank Limited located in Sankari, Salem, Tamil Nadu, is provided with a unique IFSC like ICIC0000886 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Icici Bank Limited branch in Salem.
  • 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 Salem and Sankari.
  • 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 Tamil Nadu and the rest of India and the IFSC Code ensures that transactions meant for Icici Bank Limited in Sankari do not get mixed with another location.

Format of the IFSC Code ICIC0000886

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 Sankari in Salem.

For example, the IFSC Code ICIC0000886 of Icici Bank Limited for the Sankari branch includes these elements, identifying the bank and the branch location in Salem and Tamil Nadu accurately.

How to Find IFSC Code for Icici Bank Limited?

To find the IFSC Code ICIC0000886 of Icici Bank Limited for its Sankari branch located in Salem, the following methods can help you out:

Cheque Book

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

Passbook

Most banks, including Icici Bank Limited branches in Salem and Sankari, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Icici Bank Limited and go to the branch locator section. Then search for Sankari or Salem to find the exact IFSC Code ICIC0000886.

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 maintains an updated database of all IFSC codes. Searching for Icici Bank Limited and Salem will provide accurate information.

How to Use IFSC Code ICIC0000886 for Online Transfers?

Once you have the IFSC Code ICIC0000886 for the Sankari branch of Icici Bank Limited in Salem, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code ICIC0000886. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Icici Bank Limited IFSC Code ICIC0000886.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Icici Bank Limited Sankari in Salem, your payment can get delayed or might not go through at all.

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 Sankari, 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 Salem to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited Sankari Salem?

The IFSC Code of the Sankari Salem branch is ICIC0000886.

Is IFSC Code ICIC0000886 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 Sankari branch?

The branch is located at Icici Bank Ltd., Sankari Branch, No. 5/03, Kacherikadu, Sankari.637301, Tamil Nadu.

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.