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State wise list of ICBC Bank IFSC code, MICR code and addresses of all branches in India
(used for RTGS and NEFT transactions)
|MICR Code||MICR not provided.|
or Choose State from list below
Making fund transfers to any bank account in India is no longer a hassle as instant transfers can be done using IFSC codes and MICR codes. These codes help identify a particular beneficiary account to where the funds have to be directed to. The Indian Financial System Code (IFSC code) is a simple 11-digit alphanumeric code that is allotted to every bank branch in India by the Reserve Bank of India. When IFSC codes are used for money transfers, customers can rest assured that the funds will reach the right recipient. These codes eliminate the possibility of transaction errors, which will be very beneficial to users. In every IFSC code, the first four characters are alphabets which represent the name of the bank, in this case, ICBC Bank. The zero in the middle is a control character, which is kept for future reference. The bank branch of ICBC is represented by the last six digits of the IFSC code. Online banking users are mandatorily required to use IFSC or MICR codes, while making transfers using their bank accounts.
Given below is an example of an ICBC Bank IFSC code:
IFSC codes and MICR codes can be found in cheque leaves issued by ICBC Bank. Another source for getting an IFSC code is a third party financial website, which generally carries codes for all bank branches in India. BankBazaar provides the entire list of IFSC codes required by online banking users to make fund transfers to any bank across the country. At the bottom of the BankBazaar website, the Bank IFSC Code link is available which leads users to a second page carrying information on IFSC codes. Here, there are four dropdowns available which have to be filled by users. The fields that have to be filled are - Bank, District, State and Branch. After the required selections have been made, a comprehensive table will be displayed on the page, which will carry the IFSC code, MICR code, branch address, phone number, branch code, etc. Customers can get the IFSC code for the Mumbai branch if ICBC Bank from this table.
National Electronic Funds Transfer (NEFT):
NEFT transfers require an IFSC code to be included while performing the transaction. ICBC allows NEFT transactions to any bank across India. Clearance of NEFT transfers are done in batches and at a specific time on weekdays and Saturdays. A NEFT transaction works based on Deferred Net Settlement system and customers can make transfers, without any hassles.
Real Time Gross Settlement System (RTGS):
ICBC Bank customers can make RTGS transfers using their bank accounts to any beneficiary across the country. The clearance happens on an individual transaction basis and mostly on the same day. Each transaction instruction is treated as a separate entity and will be processed accordingly. An RTGS transfer is one of the safest modes of transfer available, on a secure platform.
The Industrial and Commercial Bank of China is one of the largest financial institutions in China and has an international network established in over 40 countries worldwide. The first branch of ICBC was established in Mumbai, which was granted license in May, 2011 from the Reserve Bank of India. According to the license granted, the Industrial and Commercial Bank of China offers a plethora of banking services inclusive of retail banking, corporate banking, investment banking and e-banking services. The e-banking services available from ICBC comprise of telephone banking, internet banking and self-service banking centres for customers.