Icici bank ifsc code

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Yes, we are referring to the alpha-numeric code printed on bank documents like the front leaf of the passbook and the chequebook. But do you know what is an IFSC and why is it important for carrying out banking transactions? Here's all you need to know about it. IFSC is an important part of the Indian banking infrastructure. It is a unique digit number issued by the Reserve Bank of India RBI , for identifying an individual bank and its specific branch. The format of IFSC is such, wherein the first four characters represent the bank's name, and the last six digits combination of alphabets and numerals indicate the location of the branch. The fifth character is zero and remains constant for all codes.

Icici bank ifsc code

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This code contains 11 characters. The Indian Financial System Code IFSC is a unique character code with the first four alphabetic characters representing your bank name, and the last six characters either numeric or alphabetic representing the branch. This code is helpful in identifying the Bank and branch in which you hold your account. Using this facility, you can electronically transfer funds from any bank branch to any individual or establishment having an account with any other bank branch in the country that is part of the NEFT scheme. The Immediate Payment Service IMPS is an electronic funds transfer system that facilitates one-to-one instant payments within banks across the country. You can use the IMPS service to make payments 24x7 throughout the year including bank holidays.

Axis Bank. Canara Bank. HDFC Bank. State Bank Of India. Digital banking has made our lives easier. Let's say you want to transfer money to any bank's customer. But don't worry. Cheque payments are still very much valid - and thanks to the MICR code, they are much safer than before. For online money transfers from one account to the other, IFSC is indispensable. But what is this code?

Icici bank ifsc code

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This code contains 11 characters. The Indian Financial System Code IFSC is a unique character code with the first four alphabetic characters representing your bank name, and the last six characters either numeric or alphabetic representing the branch.

However, in the event of a merger or reorganisation of the bank, the IFSC identification code changes. Welcome to the digital world where you can maximise your banking experience Explore Now. We got you all covered, with our Personal Loan for all your financial needs, at interest rates starting at Get Loan In 3 secs Know More. Open Account in 4 mins. In this case, the account holder is issued a new code. Gold Loan Branch. Exchange of Mutilated Notes. Your reference number is CRM Our executive will contact you shortly. Open Account in 4 mins. Add to your contacts and message Hi from your registered mobile number to initiate secure WhatsApp Banking.