ICICI Bank
RAILWAY EMPLOYEES CO-OPERATIVE BANKING SOCIETY LTD BRANCH
+919414476450
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 RAILWAY EMPLOYEES CO-OPERATIVE BANKING SOCIETY LTD
branch of ICICI Bank, the code ICIC00RECBS 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 ICIC00RECBS Code
An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:
Bank Identity
"ICIC" represents ICICI Bank
Control Character
Always '0' (Reserved for future use)
Branch Locator
Unique code for RAILWAY EMPLOYEES CO-OPERATIVE BANKING SOCIETY LTD
Payment Systems Supported by ICIC00RECBS
| 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——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 JODHPUR typically follows the RBI holiday calendar. Digital transfers via ICIC00RECBS 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 ICIC00RECBS is the valid code for RAILWAY EMPLOYEES CO-OPERATIVE BANKING SOCIETY LTD at JODHPUR, ensure the beneficiary name matches perfectly in your mobile banking app.
Bank Search Indexing & Metadata
Related Searches
- • ICICI Bank Branch List
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Financial Tools
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Branch Context
- • RAILWAY EMPLOYEES CO-OPERATIVE BANKING SOCIETY LTD Contact
- • Address of ICICI Bank
- • MICR Code Finder
- • RAJASTHAN Banking Circle
Platform Links
- • Anand Design DevBox
- • SEO Performance Hub
- • Webmaster Tools
- • IFSC Finder v2.0
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