IFSC Code of ICICI Bank Limited, Ashok Nagar, Madhya Pradesh Branch, Madhya Pradesh

Use this page as a one-stop reference for everything related to ICICI Bank Limited's ASHOK NAGAR, MADHYA PRADESH branch in ASHOKNAGAR, MADHYA PRADESH. The branch's IFSC code ICIC0001434 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.

IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.

In our case, ICIC0001434 is the IFSC of ICICI Bank Limited's ASHOK NAGAR, MADHYA PRADESH branch. The format is fixed: ICIC = bank code, 0 = reserved, 001434 = branch identifier.

Bank profile

ICICI Bank Limited is among the recognised banks listed on the Reserve Bank of India's payments network. The Ashok Nagar, Madhya Pradesh branch — IFSC ICIC0001434 — extends the bank's services to customers in and around Ashoknagar, Madhya Pradesh.

Branch details at a glance

About this branch

The branch is located at ICICI BANK LTD., NEW MANDI GATE, NEAR KRISHI UPAJ MANDI, WARD NO 5, SHANTI VIHAR COLONY, DIST. ASHOKNAGAR, ASHOKNAGAR.473331, MADHYA PRADESH. It serves the Ashoknagar region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of ICICI Bank Limited. The IFSC ICIC0001434 is used to identify this branch on the RBI payments network.

Why every ICICI Bank Limited branch has a unique IFSC

Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including ASHOK NAGAR, MADHYA PRADESH of ICICI Bank Limited — its own 11-character IFSC. The code ICIC0001434 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC ICIC0001434 the same way you would treat your account number — verify it once and save it carefully for future use.

Account types you can open at the Ashok Nagar, Madhya Pradesh branch

Once you have an account at ICICI Bank Limited – ASHOK NAGAR, MADHYA PRADESH, the IFSC ICIC0001434 stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Banking services available

The Ashok Nagar, Madhya Pradesh branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-8871442018.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC ICIC0001434

How to transfer money using IFSC ICIC0001434

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC ICIC0001434 across all three.

How to use IFSC ICIC0001434 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to ICICI Bank Limited's ASHOK NAGAR, MADHYA PRADESH branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC ICIC0001434.
4. Confirm the bank name auto-populates as ICICI Bank Limited and the branch as ASHOK NAGAR, MADHYA PRADESH.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

Real-Time Gross Settlement to ASHOK NAGAR, MADHYA PRADESH

If you need to transfer ₹2 lakh or more in one go to an account at ICICI Bank Limited's ASHOK NAGAR, MADHYA PRADESH branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC ICIC0001434 while initiating the transfer and the credit will appear within minutes.

IMPS to ICICI Bank Limited ASHOK NAGAR, MADHYA PRADESH (IFSC ICIC0001434)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC ICIC0001434 in your mobile or internet banking app, and the money is credited to the ASHOK NAGAR, MADHYA PRADESH branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Ashok Nagar, Madhya Pradesh

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC ICIC0001434:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at ASHOK NAGAR, MADHYA PRADESH is still linked to IFSC ICIC0001434.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

UPI payments and IFSC ICIC0001434

UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at ICICI Bank Limited – ASHOK NAGAR, MADHYA PRADESH is still mapped to IFSC ICIC0001434. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.

If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC ICIC0001434 and the beneficiary's account number to complete the transfer.

Online banking and IFSC ICIC0001434

ICICI Bank Limited customers can register for net banking and the bank's official mobile app once their account at the ASHOK NAGAR, MADHYA PRADESH branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC ICIC0001434 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

MICR & cheque-truncation details

Cheques drawn on the Ashok Nagar, Madhya Pradesh branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC ICIC0001434 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Common mistakes to avoid when using IFSC ICIC0001434

An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to ICICI Bank Limited – ASHOK NAGAR, MADHYA PRADESH, double-check for these issues:

• Confusing 0 with O. The fifth character of every IFSC is the digit 0, not the letter O. Read carefully.
• Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters: ICIC0001434.
• Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
• Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
• Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.

How to reach the Ashok Nagar, Madhya Pradesh branch

The branch is located at ICICI BANK LTD., NEW MANDI GATE, NEAR KRISHI UPAJ MANDI, WARD NO 5, SHANTI VIHAR COLONY, DIST. ASHOKNAGAR, ASHOKNAGAR.473331, MADHYA PRADESH, which puts it inside Ashoknagar, the broader Ashok Nagar district, and the state of Madhya Pradesh. To plan your visit:

1. Open Google Maps on your phone and search for “ICICI Bank Limited Ashok Nagar, Madhya Pradesh branch” — the verified location pin for IFSC ICIC0001434 should appear at the top of the results.
2. Confirm the branch is open by calling 91-8871442018 before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC ICIC0001434 and your account number.

Verifying IFSC ICIC0001434 from official sources

The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm ICIC0001434 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 91-8871442018.
• Visiting the bank's official branch locator page.

Branch banking hours and holidays

Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Ashok Nagar, Madhya Pradesh branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC ICIC0001434, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: ICIC0001434 is the IFSC code of ICICI Bank Limited, ASHOK NAGAR, MADHYA PRADESH branch, in ASHOKNAGAR, MADHYA PRADESH. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.