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IFSC Code of Icici Bank Limited, Barad Gunavare Ex, Phaltan, Maharashtra — ICIC0006462

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 Barad Gunavare Ex branch in Satara, Phaltan, 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 Satara or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code ICIC0006462. 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, Barad Gunavare Ex, Satara

The table below shows the main details of the IFSC Code ICIC0006462 for the Icici Bank Limited branch in Satara, which falls under the Phaltan district in Maharashtra.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0006462
Branch Barad Gunavare Ex
City Satara
District Phaltan
State Maharashtra
Address Icici Bank Ltd., Dr. Lalage Bldg, A-P Barad.415523

These details are crucial, not just for online banking users but also for businesses and individuals who use Icici Bank Limited in Satara for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0006462 for the Barad Gunavare Ex branch of Icici Bank Limited has an important role.

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 Barad Gunavare Ex, Satara, Maharashtra, is provided a unique IFSC like ICIC0006462 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Icici Bank Limited branch in Satara.
  • 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 Satara and Phaltan.
  • 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 Barad Gunavare Ex do not get misguided to another person.

Format of the IFSC Code ICIC0006462

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): These represent the bank code. In Icici Bank Limited, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Barad Gunavare Ex in Satara.

For example, the IFSC Code ICIC0006462 of Icici Bank Limited for the Barad Gunavare Ex branch has these elements, identifying the bank and the branch location in Satara and Maharashtra correctly.

How to Find IFSC Code for Icici Bank Limited?

If you are trying to find the IFSC Code ICIC0006462 of Icici Bank Limited for its Barad Gunavare Ex branch located in Satara, 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 Satara and Phaltan, 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 Barad Gunavare Ex or Satara to get the exact IFSC Code ICIC0006462.

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 Satara, you'll get the correct details.

How to Use IFSC Code ICIC0006462 for Online Transfers?

Once you have the IFSC Code ICIC0006462 for the Barad Gunavare Ex branch of Icici Bank Limited in Satara, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ICIC0006462. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Icici Bank Limited IFSC Code ICIC0006462.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Icici Bank Limited Barad Gunavare Ex in Satara, it can 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 Barad Gunavare Ex, 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 Satara manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited in Barad Gunavare Ex, Satara?

The IFSC Code is ICIC0006462.

Is the IFSC Code ICIC0006462 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Icici Bank Limited Barad Gunavare Ex?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Barad Gunavare Ex branch?

The address of the branch is Icici Bank Ltd., Dr. Lalage Bldg, A-P Barad.415523 located in Satara, Phaltan, Maharashtra.

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.

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