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 Cuncolim, Goa branch in South Goa, Cuncolim, Goa, 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 South Goa or anywhere in Goa can transfer funds instantly by using the correct IFSC Code ICIC0001729. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Icici Bank Limited, Cuncolim, Goa, South Goa
Below in the table are the key details related to IFSC Code ICIC0001729 of Icici Bank Limited for its branch located in South Goa, within the district of Cuncolim in the state of Goa.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0001729 |
| Branch | Cuncolim, Goa |
| City | South Goa |
| District | Cuncolim |
| State | Goa |
| Address | Icici Bank Ltd., Plot 1/43, Jupla Complex, Cuncolim Market, Salcete, Cuncolim South Goa Dost., Goa.403703 |
These details help users in online banking and for businesses and individuals who use Icici Bank Limited in South Goa for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0001729 for the Cuncolim, Goa branch of Icici Bank Limited has a very 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 Cuncolim, Goa, South Goa, Goa, is provided a unique IFSC like ICIC0001729 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Icici Bank Limited branch in South Goa.
- 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 South Goa and Cuncolim.
- 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 Goa and the rest of India, the IFSC Code ensures that transactions meant for Icici Bank Limited in Cuncolim, Goa do not get misguided to another person.
Format of the IFSC Code ICIC0001729
This is the format of the IFSC Code for banks, including Icici Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Icici Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Cuncolim, Goa in South Goa.
For example, the IFSC Code ICIC0001729 of Icici Bank Limited for the Cuncolim, 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 ICIC0001729 of Icici Bank Limited for its Cuncolim, 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 Cuncolim, 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 Cuncolim, Goa or South Goa to find the exact IFSC Code ICIC0001729.
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 ICIC0001729 for Online Transfers?
Once you have the IFSC Code ICIC0001729 for the Cuncolim, 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 ICIC0001729. 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 ICIC0001729.
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 Cuncolim, Goa in South Goa 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 Cuncolim, Goa, 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 South Goa to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0001729.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Icici Bank Ltd., Plot 1/43, Jupla Complex, Cuncolim Market, Salcete, Cuncolim South Goa Dost., Goa.403703 located in South Goa, Cuncolim, Goa.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.