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 Kanwas branch in Ujjain, Kanwas, Madhya Pradesh, 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 Ujjain or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code ICIC0002735. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Icici Bank Limited, Kanwas, Ujjain
Here are the key points that are associated with the IFSC Code ICIC0002735 of Icici Bank Limited for its branch located in Ujjain, within the district of Kanwas in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0002735 |
| Branch | Kanwas |
| City | Ujjain |
| District | Kanwas |
| State | Madhya Pradesh |
| Address | Icici Bank Ltd., Village Kanwas ,Block Khacharod,District Ujjain ,State Madhya Pradesh.456224 |
These details are important not only for users using online banking but also for businesses and individuals who use Icici Bank Limited in Ujjain for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ICIC0002735 for the Kanwas branch of Icici Bank Limited is vital.
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, including Icici Bank Limited located in Kanwas, Ujjain, Madhya Pradesh, is provided with a unique IFSC like ICIC0002735 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Icici Bank Limited branch in Ujjain.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Ujjain and Kanwas.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Icici Bank Limited in Kanwas do not get mixed with another location.
Format of the IFSC Code ICIC0002735
The format of the IFSC Code for banks, including Icici Bank Limited, has 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 Kanwas in Ujjain.
For example, the IFSC Code ICIC0002735 of Icici Bank Limited for the Kanwas branch includes these elements, identifying the bank and the branch location in Ujjain and Madhya Pradesh correctly.
How to Find IFSC Code for Icici Bank Limited?
To find the IFSC Code ICIC0002735 of Icici Bank Limited for its Kanwas branch located in Ujjain, 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 Ujjain and Kanwas, 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 Kanwas or Ujjain to find the exact IFSC Code ICIC0002735.
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 Ujjain will provide accurate information.
How to Use IFSC Code ICIC0002735 for Online Transfers?
Once you have the IFSC Code ICIC0002735 for the Kanwas branch of Icici Bank Limited in Ujjain, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0002735. 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 ICIC0002735.
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 Kanwas in Ujjain 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 Kanwas, 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 Ujjain manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0002735.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Icici Bank Ltd., Village Kanwas ,Block Khacharod,District Ujjain ,State Madhya Pradesh.456224 located in Ujjain, Kanwas, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.