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IFSC CODE FUND TRANSFER UPI

IFSC CODE
The Indian Financial System Code (IFSC) is used
for Real-Time Gross Settlement (RTGS), National
Electronic Funds Transfer (NEFT) and Immediate
Payment Service (IMPS) transactions. The IFSC for
banks is assigned by the Reserve Bank of India
(RBI). This code contains 11 characters.

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IFSC code

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Tamil Nadu

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Chennai

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ICICI Bank Ltd, Chennai Mogappair

Branch ICICI Bank Ltd, Chennai

Name Mogappair

IFSC Code ICIC0001544

ICICI Bank Ltd, No5/457,

Valayapathi Salai Road,
Mogappair E, Chennai,
Address
Chennai Dist,
Tamilnadu,Chennai,Chennai
- 600037,Tamil Nadu

City Chennai

State Tamil Nadu

What is IFSC Code?

The Indian Financial System Code (IFSC) is a unique 11-
character code with the first four alphabetic characters
representing your bank name, and the last six characters
(either numeric or alphabetic) representing the branch.
This code is helpful in identifying the Bank and branch in
which you hold your account. The IFSC is used by the
NEFT, RTGS and IMPS finance transfer systems.

What is IFSC NEFT transfer?

The National Electronic Funds Transfer (NEFT) is an
electronic payment system that facilitates direct one-to-
one payments across the country. Using this facility, you
can electronically transfer funds from any bank branch to
any individual or establishment having an account with
any other bank branch in the country that is part of the
NEFT scheme. Providing your IFSC is mandatory when
you initiate an NEFT fund transfer.

What is IFSC RTGS transfer?

The Real-Time Gross Settlement (RTGS) is an electronic
payments system where an individual can transfer funds
from one bank to another within India on a real-time
basis. It is mandatory to provide the IFSC when you
initiate an RTGS fund transfer in order to identify the
branch from which you choose to make the payment.

What is IFSC IMPS transfer?

The Immediate Payment Service (IMPS) is an electronic
funds transfer system that facilitates one-to-one instant
payments within banks across the country. You can use
the IMPS service to make payments 24x7 throughout the
year including bank holidays. IFSC is mandatory to
process all your IMPS transactions.

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