Do Not Call
Whether you're transferring funds online or writing a cheque, knowing your ICICI Bank IFSC code and MICR code is essential. These codes ensure your transactions are routed accurately and processed without delays.
The IFSC code is required for digital transfers like NEFT, RTGS, or IMPS, while the MICR code is used for faster cheque clearance. Each ICICI Bank branch has its own set of codes, which can be found on cheques, in bank documents, or online.
The ICICI Bank IFSC code is an 11-character alphanumeric identifier used to route electronic fund transfers securely and accurately. It stands for Indian Financial System Code and is assigned by the Reserve Bank of India (RBI) to each ICICI Bank branch across the country.
It ensures funds are routed to the correct branch during online transfers via NEFT, RTGS, or IMPS. Without the correct IFSC code, your transaction may fail or be delayed.
Every branch of ICICI Bank has a unique IFSC code. For example, the IFSC for the Chhatarpur branch in New Delhi is ICIC0003543. The format and function of this code are explained in the next section.
An ICICI Bank IFSC code follows a fixed 11-character format:
Segment |
Details |
|---|---|
First 4 characters |
Represent the bank (always ICIC) |
5th character |
Reserved by RBI (always 0) |
Last 6 characters |
Identify the specific branch |
Each branch has a distinct combination in the last 6 characters, which helps direct the transaction to the correct location.
To illustrate how IFSC codes vary by branch, here are a few examples from ICICI Bank branches in Delhi:
Branch |
IFSC Code |
|---|---|
Connaught Place |
ICIC0000007 |
Green Park |
ICIC0000071 |
Vasant Vihar |
ICIC0000065 |
Each code is unique to its branch and is required for online transactions. Similarly, the MICR code of ICICI Bank also varies by branch and is primarily used for cheque clearance.
The MICR code of ICICI Bank is a 9-digit numeric code printed on the bottom of cheque leaves. It helps banks quickly verify and process cheque-based transactions through Magnetic Ink Character Recognition technology.
Each branch has a distinct MICR code, just like IFSC codes. The MICR code ensures that cheques are cleared faster and reduces the risk of errors during processing.
Apart from streamlined payments, ICICI Bank offers a wide range of digital banking features that make cheque handling and fund transfers more efficient for customers.
You can easily find your ICICI Bank IFSC code and MICR code through several sources:
IFSC code: Printed on the top left corner, below the ICICI Bank logo
MICR code: Printed at the bottom, typically the second set of numbers
Visit the ICICI Bank website
Use the branch locator or account summary in net banking
Check your mobile banking app
Passbook and account statement
RBI’s official IFSC/MICR directory
To transfer money using NEFT, RTGS, or IMPS, you need the recipient’s:
Name
Bank account number
Branch name
Correct ICICI Bank IFSC code
You can follow the below given steps to transfer funds online:
Log in to ICICI Bank’s internet banking or mobile banking app
Register the beneficiary using their account and IFSC details
Select the fund transfer mode – NEFT, RTGS, or IMPS
Enter the transfer amount and confirm the transaction
Each mode has its own limits and processing times, but all require an accurate IFSC code to ensure timely and secure transactions.
Though both are used in banking transactions, the ICICI Bank IFSC code and MICR code serve different purposes.
Here's a quick comparison:
Feature |
IFSC Code |
MICR Code |
|---|---|---|
Full Form |
Indian Financial System Code |
Magnetic Ink Character Recognition |
Format |
11-character alphanumeric |
9-digit numeric |
Purpose |
Online fund transfers (NEFT, RTGS, IMPS) |
Cheque clearance |
Whether unique per branch |
Yes |
Yes |
Example |
ICIC0000071 (Green Park, Delhi) |
110229009 |
Where to Find |
Top-left of ICICI Bank cheque |
Bottom strip of ICICI Bank cheque |
Use both codes carefully depending on whether you're making a digital payment or processing a cheque.
You can find the MICR code of ICICI Bank on your cheque, passbook, or by logging into ICICI Bank net banking. It’s also listed on the official ICICI Bank website under branch details.
Download your account statement via ICICI Bank net banking or mobile app. The ICICI Bank IFSC code and MICR code are usually displayed on the top of the first page along with branch details.
No, the MICR and IFSC codes are independent. While both identify bank branches, you must refer to the bank's official resources or your cheque to find the MICR code.
No. IFSC codes are used for online fund transfers, while MICR codes are used for processing cheques. Both are branch-specific but serve different purposes.
The 9-digit MICR code includes the city code, bank code, and branch code. It ensures that cheques are routed accurately during electronic clearance.
.png)
Academy by Bajaj Markets
11262
Navigate the tax maze with ease! Uncover Income Tax 101, demystify jargon with Terms for Beginners, and choose between Old or New Regimes.
7945
Unlock the world of credit! From picking the perfect card to savvy loan management, navigate wisely.
1679
Money Management and Financial Planning covers personal finance basics, setting goals, budgeting...
3032
Explore the investment cosmos! From beginner's guides to sharp-witted strategies, explore India's treasure trove of options.
162
Discover essential insights on various types of insurance in India.
1179
Welcome to Tech in Finance, where we explore the exciting intersection of technology and finance...
