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 Bagani Ashta Ex branch in Sangli, Bagani, Maharashtra, 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 Sangli or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code ICIC0006396. 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, Bagani Ashta Ex, Sangli
Here are some of the key details that come with the IFSC Code ICIC0006396 of Icici Bank Limited for its branch located in Sangli, within the district of Bagani in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0006396 |
| Branch | Bagani Ashta Ex |
| City | Sangli |
| District | Bagani |
| State | Maharashtra |
| Address | Icici Bank Ltd., Samaj Mandir H.No.349,Main Rd,Bagani Teh.Walva.416302 |
These details are important not only for users using online banking but also for businesses and individuals who use Icici Bank Limited in Sangli for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ICIC0006396 for the Bagani Ashta Ex branch of Icici Bank Limited is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Icici Bank Limited located in Bagani Ashta Ex, Sangli, Maharashtra, is provided a unique IFSC like ICIC0006396 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Icici Bank Limited branch in Sangli.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Sangli and Bagani.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Icici Bank Limited in Bagani Ashta Ex do not get misguided to another person.
Format of the IFSC Code ICIC0006396
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 Bagani Ashta Ex in Sangli.
For example, the IFSC Code ICIC0006396 of Icici Bank Limited for the Bagani Ashta Ex branch includes these elements, identifying the bank and the branch location in Sangli and Maharashtra accurately.
How to Find IFSC Code for Icici Bank Limited?
To find the IFSC Code ICIC0006396 of Icici Bank Limited for its Bagani Ashta Ex branch located in Sangli, 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 Sangli and Bagani, 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 Bagani Ashta Ex or Sangli to find the exact IFSC Code ICIC0006396.
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 Sangli will provide accurate information.
How to Use IFSC Code ICIC0006396 for Online Transfers?
Once you have the IFSC Code ICIC0006396 for the Bagani Ashta Ex branch of Icici Bank Limited in Sangli, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ICIC0006396. 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 ICIC0006396.
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 Bagani Ashta Ex in Sangli, 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 Bagani Ashta Ex, 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 Sangli to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0006396.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Icici Bank Ltd., Samaj Mandir H.No.349,Main Rd,Bagani Teh.Walva.416302 located in Sangli, Bagani, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.