ICICI Bank, VELE

Here is the IFSC & MICR Codes of ICICI Bank, VELE, SATARA, MAHARASHTRA. Also get the latest address, contact number of ICICI Bank, VELE.

IFSC Code: ICIC0003128
Branch: VELE
Address: ICICI Bank Ltd., Near Maruti Mandir, A/P Vele, Tal Wai, DistSatara, Maharashtra.415517
Bank Code: ICIC
MICR: 415229534

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Frequently asked questions

What's the IFSC Code of VELE, ICICI Bank?: The IFSC Code of VELE, ICICI Bank is ICIC0003128.
What's the Address of VELE, ICICI Bank?: The Address of VELE, ICICI Bank is ICICI Bank Ltd., Near Maruti Mandir, A/P Vele, Tal Wai, DistSatara, Maharashtra.415517.
What's the MICR Code of VELE, ICICI Bank?: The MICR Code of VELE, ICICI Bank is 415229534.
What's the District VELE, ICICI Bank falls under?: The District VELE, ICICI Bank falls under is WAI.

Definition

What is IFSC Code

IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the NEFT (National Electronic Funds Transfer) system in India.

The IFSC code is used to facilitate electronic money transfers between banks in India. It is used to identify the sender and receiver bank branches, ensuring that the money is credited to the correct account. The IFSC code is made up of three parts:

The first four characters represent the bank code, identifying the bank that the branch belongs to.
The fifth character is always a zero, reserved for future use.
The last six characters represent the branch code, identifying the specific branch of the bank.

For example, the IFSC code for the State Bank of India's Mumbai Fort branch is SBIN0000300. In this code, "SBIN" is the bank code for State Bank of India, "0" is a reserved character, and "000300" is the branch code for the Mumbai Fort branch.

IFSC codes are used in many types of electronic transactions, including NEFT, RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).