Uses of ICICI IFSC Codes Funds Transfers - PowerPoint PPT Presentation

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Uses of ICICI IFSC Codes Funds Transfers

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IFSC code is used by the financial institution for processing inter and intra bank fund transfer. Get more information here: – PowerPoint PPT presentation

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Title: Uses of ICICI IFSC Codes Funds Transfers


1
ICICI IFSC Codes For Easy Funds Transfers
  • Created By Indian Bank Details
  • http//indianbankdetails.com

2
Introduction
  • ICICI bank is the one of the leading private
    sector bank which are providing multinational
    banking services and financial support for their
    customers.
  • In 2014 survey ICICI bank is the second largest
    bank in terms of assets and third in market
    capitalization.
  • ICICI bank has established 4050 branches across
    India and 13030 ATMs.
  • ICICI IFCS codes is the 11 character code used
    for processing inter bank and intra bank
    transactions.

3
ICICI Bank
  • ICICI Bank IFSC Code is a unique code that is
    primarily used for NEFT and RTGS funds transfers.
  • The IFSC code for ICICI bank is essentially
    provided by Reserve Bank of India, just like
    other essential codes including the MICR, RTGS
    etc.
  • The code is unique for each bank branch and is
    subjected to change as per the security reasons.
  • The code is 11 characters long alphanumeric
    combination that is used to identify the bank
    branch involved in transfer process.

4
Services By ICICI
  • ICICI Bank is the largest private sector bank in
    India in terms of market capitalization. It is
    also the second largest bank in India in terms of
    assets with a total asset of 3,674.19 billion
    (US 77 billion) as on June 30, 2009.
  • For the quarter ended on June 30, 2009, the total
    profit after tax has been 8.78 billion. Formerly
    known as Industrial Credit and Investment
    Corporation of India, ICICI Bank has an extensive
    network of 1,544 branches with about 4,816 ATMS
    located across India and in 18 other countries.
  • ICICI Bank serves over 24 Million customers
    throughout the world.

5
Conclusion
  • Get more information about ICICI bank and their
    services, branches details here
  • http//www.indianbankdetails.com
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