What is an IFSC code?


Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). The code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.

What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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Icici Bank Limited Phadtarwadi Satara Branch IFSC/MICR Code Details
Bank Name ICICI BANK LIMITED
Address AT POST PHADTARWADI TAL PHALTAN DIST SATARA 415523
State MAHARASHTRA
District SATARA
Branch PHADTARWADI
IFSC Code ICIC0002745
Branch Code 002745 (Last six characters of IFSC code represent Branch code.)
MICR Code 415229531
Contact Phone 8411962513
via https://bankingzone.in/ifsc

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