IFSC Code of Icici Bank Limited, Lal Bazaar, Srinagar, Jammu And Kashmir — ICIC0007245

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 Lal Bazaar branch in Srinagar, Srinagar, Jammu And Kashmir, 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 Srinagar or anywhere in Jammu And Kashmir can transfer funds instantly by using the correct IFSC Code ICIC0007245. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Icici Bank Limited, Lal Bazaar, Srinagar

Here are the main details that are associated with the IFSC Code ICIC0007245 of Icici Bank Limited for its branch located in Srinagar, within the district of Srinagar in the state of Jammu And Kashmir.

These details are important not only for users using online banking but also for businesses and individuals who use Icici Bank Limited in Srinagar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ICIC0007245 for the Lal Bazaar branch of Icici Bank Limited is vital.

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 Lal Bazaar, Srinagar, Jammu And Kashmir, is provided a unique IFSC like ICIC0007245 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Icici Bank Limited branch in Srinagar.
• 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 Srinagar and Srinagar.
• 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 Jammu And Kashmir and the rest of India, the IFSC Code ensures that transactions meant for Icici Bank Limited in Lal Bazaar do not get misguided to another person.

Format of the IFSC Code ICIC0007245

The format of the IFSC Code for banks, including Icici Bank Limited, follows 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 Lal Bazaar in Srinagar.

For example, the IFSC Code ICIC0007245 of Icici Bank Limited for the Lal Bazaar branch includes these elements, identifying the bank and the branch location in Srinagar and Jammu And Kashmir accurately.

How to Find IFSC Code for Icici Bank Limited?

If you are looking for the IFSC Code ICIC0007245 of Icici Bank Limited for its Lal Bazaar branch located in Srinagar, 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 Srinagar and Srinagar, 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 Lal Bazaar or Srinagar to get the exact IFSC Code ICIC0007245.

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 Srinagar, then it will provide you proper information.

How to Use IFSC Code ICIC0007245 for Online Transfers?

Once you have the IFSC Code ICIC0007245 for the Lal Bazaar branch of Icici Bank Limited in Srinagar, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ICIC0007245. 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 ICIC0007245.

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 Lal Bazaar in Srinagar, 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 Lal Bazaar, 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 Srinagar to handle online money transfers and get their cheques cleared smoothly.