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 Raurkelaudit Naga branch in Sundargarh, Raurkela, Odisha, 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 Sundargarh or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code ICIC0007561. 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, Raurkelaudit Naga, Sundargarh
Here are some of the key details that come with the IFSC Code ICIC0007561 of Icici Bank Limited for its branch located in Sundargarh, within the district of Raurkela in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0007561 |
| Branch | Raurkelaudit Naga |
| City | Sundargarh |
| District | Raurkela |
| State | Odisha |
| Address | Icici Bank Ltd., Ground Floor, Choudhary Complex, Opp. Employment Exchange Office, Udit Nagar, Rourkela, Sundergarh District, Odisha.769012 |
These details help 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 ICIC0007561 for the Raurkelaudit Naga 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 Raurkelaudit Naga, Sundargarh, Odisha, is provided a unique IFSC like ICIC0007561 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 Raurkelaudit Naga do not get misguided to another person.
Format of the IFSC Code ICIC0007561
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 Raurkelaudit Naga in Sundargarh.
For example, the IFSC Code ICIC0007561 of Icici Bank Limited for the Raurkelaudit Naga branch includes these elements, identifying the bank and the branch location in Sundargarh and Odisha accurately.
How to Find IFSC Code for Icici Bank Limited?
To find the IFSC Code ICIC0007561 of Icici Bank Limited for its Raurkelaudit Naga branch located in Sundargarh, 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 Sundargarh and Raurkela, 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 Raurkelaudit Naga or Sundargarh to find the exact IFSC Code ICIC0007561.
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 Sundargarh will provide accurate information.
How to Use IFSC Code ICIC0007561 for Online Transfers?
Once you have the IFSC Code ICIC0007561 for the Raurkelaudit Naga branch of Icici Bank Limited in Sundargarh, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0007561. 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 ICIC0007561.
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 Raurkelaudit Naga in Sundargarh, 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 Raurkelaudit Naga, 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)
The IFSC Code of the Raurkelaudit Naga Sundargarh branch is ICIC0007561.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Icici Bank Ltd., Ground Floor, Choudhary Complex, Opp. Employment Exchange Office, Udit Nagar, Rourkela, Sundergarh District, Odisha.769012.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.