IFSC Code of Icici Bank Limited, Karkal, Karnataka, Karkala, Karnataka — ICIC0001431

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Icici Bank Limited for its Karkal, Karnataka branch in Udipi, Karkala, Karnataka, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Icici Bank Limited located in Udipi or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code ICIC0001431. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Icici Bank Limited, Karkal, Karnataka, Udipi

The table below shows the main details of the IFSC Code ICIC0001431 for the Icici Bank Limited branch in Udipi, which falls under the Karkala district in Karnataka.

These details helps users in online banking and for businesses and individuals who use Icici Bank Limited in Udipi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0001431 for the Karkal, Karnataka 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Icici Bank Limited located in Karkal, Karnataka, Udipi, Karnataka, are given a unique IFSC like ICIC0001431 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Udipi.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents any kind of confusion between different branches of the same bank in places like Udipi and Karkala.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Icici Bank Limited in Karkal, Karnataka goes to the correct branch. This is important because Icici Bank Limited has thousands of branches in Karnataka and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code ICIC0001431

The format of the IFSC Code for banks, including Icici Bank Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

• First 4 characters (AAAA): Represent the bank code. For Icici Bank Limited, these characters are the bank's short identifier.
• 5th character (0): Always zero which is reserved for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Karkal, Karnataka in Udipi.

For example, the IFSC Code ICIC0001431 of Icici Bank Limited for the Karkal, Karnataka branch includes these elements, identifying the bank and the branch location in Udipi and Karnataka accurately.

How to Find IFSC Code for Icici Bank Limited?

If you are trying to find the IFSC Code ICIC0001431 of Icici Bank Limited for its Karkal, Karnataka branch located in Udipi, 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 Udipi and Karkala, 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 Karkal, Karnataka or Udipi to get the exact IFSC Code ICIC0001431.

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 Udipi, you'll get the correct details.

How to Use IFSC Code ICIC0001431 for Online Transfers?

If you have the IFSC Code ICIC0001431 for the Karkal, Karnataka branch of Icici Bank Limited in Udipi, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ICIC0001431. Transfers are processed in batches. 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. Asks for the recipient's account details and Icici Bank Limited IFSC Code ICIC0001431.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Icici Bank Limited Karkal, Karnataka in Udipi, it 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 Karkal, Karnataka, 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 Udipi to handle online money transfers and get their cheques cleared smoothly.