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ICICI Bank

TIKOTA BRANCH

+919986171001

IFSC CODE
ICIC0006508
MICR Code 586229501
Branch Code 006508
City / District TIKOTA
State KARNATAKA
Office Address ICICI BANK LTD., KANBOOR COMPLEX, NO. 2558 AND 259, WARD NO.1, 173/B/1, B/2, C/3, TIKOTA, BIJAPUR ROAD, DIST. BIJAPUR.586130, KARNATAKA
Phone +919986171001
📍 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 TIKOTA branch of ICICI Bank, the code ICIC0006508 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 ICIC0006508 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 TIKOTA

Payment Systems Supported by ICIC0006508

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—586229501—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 TIKOTA typically follows the RBI holiday calendar. Digital transfers via ICIC0006508 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 ICIC0006508 is the valid code for TIKOTA at TIKOTA, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

  • • ICICI Bank Branch List
  • • TIKOTA IFSC Codes
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Financial Tools

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Branch Context

  • • TIKOTA Contact
  • • Address of ICICI Bank
  • • MICR Code Finder
  • • KARNATAKA Banking Circle

Platform Links

  • • Anand Design DevBox
  • • SEO Performance Hub
  • • Webmaster Tools
  • • IFSC Finder v2.0

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