IFSC Code of Icici Bank Limited, Satara Midc Branch, Satara, Maharashtra — ICIC0003316

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 Satara Midc Branch branch in Satara, Satara, 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 ICIC0003316. 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, Satara Midc Branch, Satara

Here are the key points that are associated with the IFSC Code ICIC0003316 of Icici Bank Limited for its branch located in Satara, within the district of Satara in the state of Maharashtra.

These details are important not only for users using online banking but also for businesses and individuals who use Icici Bank Limited in Satara for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ICIC0003316 for the Satara Midc Branch branch of Icici Bank Limited is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like ICIC0003316 is given to every bank branch, including Icici Bank Limited located in Satara Midc Branch, Satara, Maharashtra, to make sure that online payments reach the right place.

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 kind of confusion between multiple branches of the same bank across different places like Satara and Satara.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Icici Bank Limited in Satara Midc Branch doesn't end up at another location.

Format of the IFSC Code ICIC0003316

The format of the IFSC Code for banks, including Icici Bank Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

• First 4 characters (AAAA): Represent the bank code. For Icici Bank Limited, these characters are the bank's short identifier.
• 5th character (0): Always zero which is reserved for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Satara Midc Branch in Satara.

For example, the IFSC Code ICIC0003316 of Icici Bank Limited for the Satara Midc Branch branch includes these elements, identifying the bank and the branch location in Satara and Maharashtra accurately.

How to Find IFSC Code for Icici Bank Limited?

To find the IFSC Code ICIC0003316 of Icici Bank Limited for its Satara Midc Branch branch located in Satara, 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 Satara and Satara, 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 Satara Midc Branch or Satara to find the exact IFSC Code ICIC0003316.

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 Satara will provide accurate information.

How to Use IFSC Code ICIC0003316 for Online Transfers?

Once you have the IFSC Code ICIC0003316 for the Satara Midc Branch 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 ICIC0003316. 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 ICIC0003316.

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 Satara Midc Branch 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 Satara Midc Branch, 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 Satara to handle online money transfers and get their cheques cleared smoothly.