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 Shahapur Asangaon Road branch in Thane, Shahapur, Maharashtra, 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 Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ICIC0003509. 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, Shahapur Asangaon Road, Thane
The table below shows the main details of the IFSC Code ICIC0003509 for the Icici Bank Limited branch in Thane, which falls under the Shahapur district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0003509 |
| Branch | Shahapur Asangaon Road |
| City | Thane |
| District | Shahapur |
| State | Maharashtra |
| Address | Icici Bank Ltd., Shree Narayan Chs Ltd, Ground Floor, Shop No. 1,2,3, Gala No. 20 And Flat No. 004, Shahapur Asangaon Road, Opp. Civil Court New Building, Shahapur, Maharashtra.421601 |
These details are essential not only for online banking users but also for businesses and individuals who use Icici Bank Limited in Thane for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0003509 for the Shahapur Asangaon Road 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 ICIC0003509 is given to every bank branch, including Icici Bank Limited located in Shahapur Asangaon Road, Thane, Maharashtra, 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 Thane.
- 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 Thane and Shahapur.
- 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 Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Icici Bank Limited in Shahapur Asangaon Road doesn't end up at another location.
Format of the IFSC Code ICIC0003509
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 Shahapur Asangaon Road in Thane.
For example, the IFSC Code ICIC0003509 of Icici Bank Limited for the Shahapur Asangaon Road branch has these elements, identifying the bank and the branch location in Thane and Maharashtra correctly.
How to Find IFSC Code for Icici Bank Limited?
If you are trying to find the IFSC Code ICIC0003509 of Icici Bank Limited for its Shahapur Asangaon Road branch located in Thane, the following methods can help:
Cheque Book
The cheque book issued by Icici Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Icici Bank Limited branches in Thane and Shahapur, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Icici Bank Limited and navigate to the branch locator section. Search for Shahapur Asangaon Road or Thane to get the exact IFSC Code ICIC0003509.
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 keeps an updated list of all IFSC codes. If you search for Icici Bank Limited and Thane, you'll get the correct details.
How to Use IFSC Code ICIC0003509 for Online Transfers?
Once you have the IFSC Code ICIC0003509 for the Shahapur Asangaon Road branch of Icici Bank Limited in Thane, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0003509. 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 ICIC0003509.
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 Shahapur Asangaon Road in Thane 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 Shahapur Asangaon Road, 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 Thane to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0003509.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can 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., Shree Narayan Chs Ltd, Ground Floor, Shop No. 1,2,3, Gala No. 20 And Flat No. 004, Shahapur Asangaon Road, Opp. Civil Court New Building, Shahapur, Maharashtra.421601 located in Thane, Shahapur, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.