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IFSC and MICR Code For Icici Bank Limited Model Town Phagwara
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Icici Bank Limited
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Lovely Professional Universitylpu
| IFSC Code | ICIC0003673 |
|---|---|
| Bank |  ICICI BANK LIMITED |
| Address | ICICI BANK LTD OHRI TOWERS MODEL TOWN PHAGWARA PUNJAB |
| City | PHAGWARA |
| State | PUNJAB |
| Branch | MODEL TOWN PHAGWARA |
| Phone Nuber | 0 |
| Branch Code | 006321 |
| Micr Code | WAITING |
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About Icici Bank Limited
Icici Bank Limited, , Model Town Phagwara IFSC code is ICIC0003673 & its MICR code is WAITING. Find Icici Bank Limited, , Model Town Phagwara new address, contact details and branch code below
Also explore and search bank details, IFSC code and MICR code with Homes247 tool for Icici Bank Limited IFSC codes
NEFT
National Electronic Funds Transfer
IMPS
Immediate Payment Service
RTGS
Real-Time Gross Settlement
IFSC codes in India are used for these three primary services. IFSC also helps in the Unified Payments Interface or UPI payment system as well.
An example of an IFSC Code will be SBIN0000AABB. Where the first four denote the bank, in this instance, SBI, and the last would be the branch.
How to find out the IFSC code?
One of the simplest ways to find out the IFSC code is by searching online. You can quickly source the branch codes through the reserve bank's official website or the bank's official website. It can also be found on the bank cheques or bank passbooks.
Advantage of IFSC codes?
IFSC code helps identify the right branches and banks, thereby eradicating errors.
What is MICR?
MICR, or Magnetic Ink Character Recognition, is a code that helps in processing the cheques faster by identifying the particular bank branch through Electronic Clearing System or ECR. MICR is printed on the cheques issued by the banks.
What is the structure of the MICR code?
MICR code contains 9 digits where the first three signifies the city, the second three digits indicates the bank (bank code), and the final three indicates the bank branch
What are the major differences between a IFSC code and MICR code?
| IFSC Code | MICR Code |
|---|---|
| The purpose of IFSC code is to help facilitate electronic transfer of funds | MICR code's purpose is to process cheques faster through ECR |
| IFSC codes has 11 alpha numeric characters | MICR has 9 digit code |
| The first 4 characters of IFSC is the Bank's code | The bank is signified by the 4th, 5th and 6th digits of the code |
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Most Frequently Asked Questions?
Let's Explore the Most Frequently Asked Questions on IFSC & MICR
Indian Financial System Code is the expanded form of the IFSC code.
We can identify the Bank from the first 4 characters of the IFSC code.
An IFSC code contains alphanumeric characters.
An IFSC code contains alphanumeric characters.
The major parts of the IFSC code are the bank code and branch code.
A SWIFT code is used for transferring funds on an International level.
The major electronic payment systems in India are NEFT, RTGS, IMPS, and UPI.
The Reserve Bank of India provides a unique 11-digit IFSC code to the banks.
There is no minimum amount you can transfer under NEFT under retail banking and corporate banking
The maximum amount you can transfer under NEFT under retail banking is INR 5 Lakhs and in corporate banking it is INR 50 lakhs for Vyapaar/trade and INR 500 crores under Vistaar.
INR 2 lakhs is the amount you can transfer under RTGS under retail banking.
The maximum amount you can transfer under RTGS under retail banking is INR 5 Lakhs and in corporate banking it is INR 50 lakhs for Vyapaar/trade and INR 500 crores under Vistaar.
In a vast country like India, there are numerous cities and towns with the same name, some of them even in the same district. Thus to correctly identify the right or the proper branch, IFSC codes can help out easily by dedicating a specific code for each branch.
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India's Top 12 Biggest Malls
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A Peek at Pet Friendly Offices
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Top 11 Restaurants in Delhi (Old Delhi Edition)
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Life in Bangalore! India's Silicon Valley
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14 Most Famous Temples in India
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15 All Time Favourite Dog Breeds for Home
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Simple Hacks to Recycle & Home Waste Segregation
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10 Best Anniversary Flowers to Save the Special Day!
State of the Art Home & Kitchen Appliances, A New Way of Living!
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20 Lucky Plants for Home [List of both Indoor and Outdoor Plants]
Top Cafes in Bangalore
Dainty Little Types of Bird Houses for Your Feathered Friends!
7 ways to get rid of unwanted guests politely!
Adventure sports in India- From sky-high to ocean deep!
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10 Famous malls in Bangalore you Must Visit at least Once!
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Perfect Home Guide For Happy Family
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Early-Stage Real Estate Projects: High Risk or Smart Investment?
Affordable Housing Trends Transforming India
Hidden Costs no one tells you about home buying
House Buying in India: 30s vs. 50s – What’s the Difference?
Walk Up Apartments: Affordable Urban Living Without an Elevator
Picture Perfect Homes: Why Real Estate Photography Matters
Vastu for Gaumukhi & Shermukhi Plots
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Tier-2 Cities: The Best Places to Buy Property in India
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All You Need to Know About Cross Border Real Estate Investments
10 House Types in India You Should Know
Your Ultimate Guide to Making a Smart Purchase in 2025
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Furnished Vs Unfurnished Homes: A Complete Guide
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When to Buy a Home in India - Essential Tips
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Millennial Home Buying Trends 2025
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The Ultimate Guide to Financial Planning for Home Purchase
Kerala Registration Department - E-Rekha Online Services
Simplifying NOC in Bangalore Real Estate Finding Dream Home
Rules and Regulations for NRI Property Buying in India
Top 8 Plot Investment Destination in Bengaluru
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Construction Linked Payment Plan: To Aid Home Buyers
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How to get your home loan approved real easy?
Built up area, Super built up area & Carpet area Explained!
How this Pandemic can be a Doorway to your New Home.
NRI tips to Buy Property in India
A Guide of Different Types of Houses in India
All About Buying Property Online
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Bangalore's Best Flats under 30 Lakhs
Get the Perfect Dream Homes in Old Madras Road!
Find the Home of your Dreams at Whitefield!
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3 Reasons For Finding A Home in Sarjapur Road!
Ultra Luxury Apartments in Bangalore-Next Level Living Spaces
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BDA sites in Bangalore
Old Age Homes in India- Top Senior Citizen Housing
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15 Best Tech Parks in Bangalore: A Homebuyer's Perspective
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Checklist for Buying Property in India
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2019 Will be a Homebuyers Year
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Supreme Court Efforts to Protect Customers Interest
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Yeshwanthpur Bangalore: Real Estate, Connectivity & Lifestyle
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Want to Know Why Vasanth Nagar is the Place to Be? Read On!
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The Must-Have Structure Stability Certificate Explained
Top real estate trends in India for 2025
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Peenya: The Industrial Powerhouse of Bengaluru
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Local Events and Why They Are Going To Matter In Real Estate
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Top Spas to Visit Near Sarjapur Road
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Sarjapur Road - An Emerging Residential Hotspot in Bangalore
Guide to rental receipts in India - all the information you require
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Sarjapur Road Before and After
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Panathur - A Prime Destination
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HUDA Plot Scheme Unveiled: Your Gateway to Exclusive Residential Plots!
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Rishikesh Real Estate -2023
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Real Estate Industry After the Second Wave
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GST On Real Estate Reduced For Homes and Under Construction Projects
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