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 Mhaswad, Maharashtra branch in Satara, Mhaswad, Maharashtra, 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 Satara or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ICIC0001768. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Icici Bank Limited, Mhaswad, Maharashtra, Satara

Here are some of the key details that come with the IFSC Code ICIC0001768 of Icici Bank Limited for its branch located in Satara, within the district of Mhaswad in the state of Maharashtra.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0001768
Branch Mhaswad, Maharashtra
City Satara
District Mhaswad
State Maharashtra
Address Icici Bank Ltd., Dhale Mama Shopping Complex, Mhaswad, Dist Satara, Maharashtra.415509

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 ICIC0001768 for the Mhaswad, Maharashtra 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Icici Bank Limited located in Mhaswad, Maharashtra, Satara, Maharashtra, are given a unique IFSC like ICIC0001768 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Satara.
  • 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 Satara and Mhaswad.
  • 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 Mhaswad, Maharashtra goes to the correct branch. This is important because Icici Bank Limited has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code ICIC0001768

The format of the IFSC Code for banks, including Icici Bank Limited, has 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 Mhaswad, Maharashtra in Satara.

For example, the IFSC Code ICIC0001768 of Icici Bank Limited for the Mhaswad, Maharashtra branch includes 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 ICIC0001768 of Icici Bank Limited for its Mhaswad, Maharashtra 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 Mhaswad, 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 Mhaswad, Maharashtra or Satara to get the exact IFSC Code ICIC0001768.

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 ICIC0001768 for Online Transfers?

Once you have the IFSC Code ICIC0001768 for the Mhaswad, Maharashtra branch of Icici Bank Limited in Satara, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code ICIC0001768. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 ICIC0001768.

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 Mhaswad, Maharashtra in Satara, your payment can get delayed or might not go through at all.

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 Mhaswad, Maharashtra, 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 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 Mhaswad, Maharashtra, Satara?

The IFSC Code is ICIC0001768.

Is the IFSC Code ICIC0001768 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 Mhaswad, Maharashtra?

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 Mhaswad, Maharashtra branch?

The address of the branch is Icici Bank Ltd., Dhale Mama Shopping Complex, Mhaswad, Dist Satara, Maharashtra.415509 located in Satara, Mhaswad, 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.