ICICI Bank, PALUS, SANGLI Branch IFSC Code

The IFSC code ICIC0002001 is assigned to ICICI Bank, PALUS located in SANGLI, MAHARASHTRA. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

✓ NEFT ✓ RTGS ✓ IMPS ✓ UPI

Bank Details

Bank Name ICICI Bank
IFSC Code ICIC0002001
MICR Code 416229511
Branch Code 002001
Branch PALUS
City SANGLI
District PALUS
State MAHARASHTRA
Address ICICI BANK LTD., GARVEL BUILDING, AT POST PALUS, SANGLI DIST., MAHARASHTRA.416310 Maps
Contact +918669215515

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

ICIC Bank Code
0 Reserved (0)
002001 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

416 City Code
229 Bank Code
511 Branch Code

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code ICIC0002001 is the Indian Financial System Code assigned to ICICI Bank, PALUS branch in SANGLI, MAHARASHTRA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in SANGLI, PALUS, MAHARASHTRA. The full address is: ICICI BANK LTD., GARVEL BUILDING, AT POST PALUS, SANGLI DIST., MAHARASHTRA.416310

The branch code is 002001. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of ICICI Bank.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

The MICR (Magnetic Ink Character Recognition) code for this branch is 416229511. MICR code is a 9-digit code used for processing cheques and is printed on cheque leaves.

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: ICIC0002001
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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