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IFSC Code of Icici Bank Limited, Koelnagar Branch, Raurkela, Odisha — ICIC0002521

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 Koelnagar Branch branch in Sundargarh, Raurkela, Odisha, 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 Sundargarh or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code ICIC0002521. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Icici Bank Limited, Koelnagar Branch, Sundargarh

The table below shows the main details of the IFSC Code ICIC0002521 for the Icici Bank Limited branch in Sundargarh, which falls under the Raurkela district in Odisha.

Particulars Details
Bank Icici Bank Limited
IFSC Code ICIC0002521
Branch Koelnagar Branch
City Sundargarh
District Raurkela
State Odisha
Address Icici Bank Ltd., C26 Koelnagar, Rourkela, Odisha.769014

These details helps users in online banking and for businesses and individuals who use Icici Bank Limited in Sundargarh for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0002521 for the Koelnagar Branch branch of Icici Bank Limited plays a vital 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 Koelnagar Branch, Sundargarh, Odisha, is provided a unique IFSC like ICIC0002521 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Icici Bank Limited branch in Sundargarh.
  • 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 Sundargarh and Raurkela.
  • 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 Odisha and the rest of India, the IFSC Code ensures that transactions meant for Icici Bank Limited in Koelnagar Branch do not get misguided to another person.

Format of the IFSC Code ICIC0002521

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): These represent the bank code. In Icici Bank Limited, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Koelnagar Branch in Sundargarh.

For example, the IFSC Code ICIC0002521 of Icici Bank Limited for the Koelnagar Branch branch has these elements, identifying the bank and the branch location in Sundargarh and Odisha correctly.

How to Find IFSC Code for Icici Bank Limited?

If you are looking for the IFSC Code ICIC0002521 of Icici Bank Limited for its Koelnagar Branch branch located in Sundargarh, 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 Sundargarh and Raurkela, 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 Koelnagar Branch or Sundargarh to get the exact IFSC Code ICIC0002521.

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 Sundargarh, then it will provide you proper information.

How to Use IFSC Code ICIC0002521 for Online Transfers?

Once you have the IFSC Code ICIC0002521 for the Koelnagar Branch branch of Icici Bank Limited in Sundargarh, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code ICIC0002521. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 ICIC0002521.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Icici Bank Limited Koelnagar Branch in Sundargarh, your payment can get delayed or might not go through at all.

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 Koelnagar Branch, 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 Sundargarh manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Icici Bank Limited in Koelnagar Branch, Sundargarh?

The IFSC Code is ICIC0002521.

Is the IFSC Code ICIC0002521 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Icici Bank Limited Koelnagar Branch?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Koelnagar Branch branch?

The address of the branch is Icici Bank Ltd., C26 Koelnagar, Rourkela, Odisha.769014 located in Sundargarh, Raurkela, Odisha.

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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