IFSC Code of Icici Bank Limited, Colva, Goa, Colva, Goa — ICIC0001142

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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Icici Bank Limited for its Colva, Goa branch in South Goa, Colva, Goa, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Icici Bank Limited located in South Goa or anywhere in Goa can transfer funds instantly by using the correct IFSC Code ICIC0001142. 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, Colva, Goa, South Goa

Here are the key points that are associated with the IFSC Code ICIC0001142 of Icici Bank Limited for its branch located in South Goa, within the district of Colva in the state of Goa.

These details are essential not only for online banking users but also for businesses and individuals who use Icici Bank Limited in South Goa for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0001142 for the Colva, Goa 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 that is provided by the Reserve Bank of India. A unique IFSC like ICIC0001142 is given to every bank branch, including Icici Bank Limited located in Colva, Goa, South Goa, Goa, 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 South Goa.
• 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 South Goa and Colva.
• 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 Goa and the rest of India, which is why the IFSC Code ensures that transactions meant for Icici Bank Limited in Colva, Goa doesn't end up at another location.

Format of the IFSC Code ICIC0001142

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 Colva, Goa in South Goa.

For example, the IFSC Code ICIC0001142 of Icici Bank Limited for the Colva, Goa branch includes these elements, identifying the bank and the branch location in South Goa and Goa accurately.

How to Find IFSC Code for Icici Bank Limited?

To find the IFSC Code ICIC0001142 of Icici Bank Limited for its Colva, Goa branch located in South Goa, 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 South Goa and Colva, 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 Colva, Goa or South Goa to find the exact IFSC Code ICIC0001142.

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 South Goa will provide accurate information.

How to Use IFSC Code ICIC0001142 for Online Transfers?

Once you have the IFSC Code ICIC0001142 for the Colva, Goa branch of Icici Bank Limited in South Goa, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ICIC0001142. Transfers are processed in batches. This is 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. Requires the recipient's account details and Icici Bank Limited IFSC Code ICIC0001142.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Icici Bank Limited Colva, Goa in South Goa may result in delayed or failed transactions.

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 Colva, Goa, 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 South Goa manage online transfers as well as cheque clearances with ease.