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ICICI Bank

AREPET BRANCH

+919542544496

IFSC CODE
ICIC0002200
MICR Code 505229522
Branch Code 002200
City / District METPALLE
State TELANGANA
Office Address ICICI BANK LTD., H. NO. 380/2, VILLAGE ARAPET , MANDAL METPALLI, KARIMNAGAR DIST.,.505325
Phone +919542544496
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of ICICI Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the AREPET branch of ICICI Bank, the code ICIC0002200 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the ICIC0002200 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"ICIC" represents ICICI Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for AREPET

Payment Systems Supported by ICIC0002200

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—505229522—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The ICICI Bank in METPALLE typically follows the RBI holiday calendar. Digital transfers via ICIC0002200 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While ICIC0002200 is the valid code for AREPET at METPALLE, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

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Financial Tools

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Branch Context

  • • AREPET Contact
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Platform Links

  • • Anand Design DevBox
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  • • IFSC Finder v2.0

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