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 Ambanagar branch in Vidisha, Basoda, Madhya Pradesh, 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 Vidisha or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code ICIC0002731. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Icici Bank Limited, Ambanagar, Vidisha
The table below shows the main details of the IFSC Code ICIC0002731 for the Icici Bank Limited branch in Vidisha, which falls under the Basoda district in Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Icici Bank Limited |
| IFSC Code | ICIC0002731 |
| Branch | Ambanagar |
| City | Vidisha |
| District | Basoda |
| State | Madhya Pradesh |
| Address | Icici Bank Ltd., Village Ambanagar ,Block Basoda,District Vidisha ,State Madhya Pradesh.464221 |
These details help users in online banking and for businesses and individuals who use Icici Bank Limited in Vidisha for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ICIC0002731 for the Ambanagar 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 Ambanagar, Vidisha, Madhya Pradesh, is provided a unique IFSC like ICIC0002731 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Icici Bank Limited branch in Vidisha.
- 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 Vidisha and Basoda.
- 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 Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Icici Bank Limited in Ambanagar do not get misguided to another person.
Format of the IFSC Code ICIC0002731
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 Ambanagar in Vidisha.
For example, the IFSC Code ICIC0002731 of Icici Bank Limited for the Ambanagar branch has these elements, identifying the bank and the branch location in Vidisha and Madhya Pradesh correctly.
How to Find IFSC Code for Icici Bank Limited?
If you are trying to find the IFSC Code ICIC0002731 of Icici Bank Limited for its Ambanagar branch located in Vidisha, 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 Vidisha and Basoda, 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 Ambanagar or Vidisha to get the exact IFSC Code ICIC0002731.
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 Vidisha, you'll get the correct details.
How to Use IFSC Code ICIC0002731 for Online Transfers?
Once you have the IFSC Code ICIC0002731 for the Ambanagar branch of Icici Bank Limited in Vidisha, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ICIC0002731. 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 ICIC0002731.
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 Ambanagar in Vidisha 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 Ambanagar, 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 Vidisha to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ICIC0002731.
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., Village Ambanagar ,Block Basoda,District Vidisha ,State Madhya Pradesh.464221 located in Vidisha, Basoda, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.