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IFSC Code of Icici Bank Limited, Phaltan, Phaltan, Maharashtra — ICIC0006452

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 Phaltan branch in Satara, Phaltan, or Maharashtra, 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 Satara or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ICIC0006452. 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, Phaltan, Satara

Here are the main details that are associated with the IFSC Code ICIC0006452 of Icici Bank Limited for its branch located in Satara, within the district of Phaltan in the state of Maharashtra.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0006452
Branch Phaltan
City Satara
District Phaltan
State Maharashtra
Address Icici Bank Ltd., Shiv Ratan, Training College Road, Near Chavan Hospital, Laxminagar, Phaltan Satara Dist., Maharashtra.415523

These details are essential not only for online banking users but also for businesses and individuals who use Icici Bank Limited in Satara for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0006452 for the Phaltan branch of Icici Bank Limited plays 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, including Icici Bank Limited located in Phaltan, Satara, Maharashtra, is provided with a unique IFSC like ICIC0006452 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code ICIC0006452

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 Phaltan in Satara.

For example, the IFSC Code ICIC0006452 of Icici Bank Limited for the Phaltan 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 looking for the IFSC Code ICIC0006452 of Icici Bank Limited for its Phaltan branch located in Satara, the following methods can help:

Cheque Book

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

Passbook

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

Bank Website

You can visit the official website of Icici Bank Limited and look for the branch locator section, then search for Phaltan or Satara to get the exact IFSC Code ICIC0006452.

Mobile Banking App

If you use Icici Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Icici Bank Limited and Satara, then it will provide you proper information.

How to Use IFSC Code ICIC0006452 for Online Transfers?

If you have the IFSC Code ICIC0006452 for the Phaltan branch of Icici Bank Limited in Satara, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ICIC0006452. 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 ICIC0006452.

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 Phaltan in Satara, 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 Phaltan, 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 Phaltan Satara?

The IFSC Code of the Phaltan Satara branch is ICIC0006452.

Is IFSC Code ICIC0006452 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 Phaltan branch?

The branch is located at Icici Bank Ltd., Shiv Ratan, Training College Road, Near Chavan Hospital, Laxminagar, Phaltan Satara Dist., Maharashtra.415523.

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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