IFSC Code of ICICI Bank Limited, Indore Paraspar Sahakari Bank Limited Branch, Madhya Pradesh

If you are searching for the IFSC code of ICICI Bank Limited, INDORE PARASPAR SAHAKARI BANK LIMITED branch in INDORE, MADHYA PRADESH, this page has every detail you need. The verified IFSC code for this branch is ICIC00INPRS. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.

You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the INDORE PARASPAR SAHAKARI BANK LIMITED branch, and detailed step-by-step guides for using the IFSC ICIC00INPRS across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.

The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.

The IFSC for ICICI Bank Limited – INDORE PARASPAR SAHAKARI BANK LIMITED is ICIC00INPRS. The first four letters ICIC are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 0INPRS map to this branch in INDORE, MADHYA PRADESH.

Branch details at a glance

About ICICI Bank Limited

ICICI Bank Limited operates a wide network of branches across India, including the Indore Paraspar Sahakari Bank Limited branch in Indore. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, ICIC00INPRS.

About the Indore Paraspar Sahakari Bank Limited branch

The Indore Paraspar Sahakari Bank Limited branch of ICICI Bank Limited is situated at SAHAKAR SADAN,221,TILAK PATH,INDORE 452 007. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code ICIC00INPRS is used.

The role of IFSC in India's payments network

India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how ICICI Bank Limited's INDORE PARASPAR SAHAKARI BANK LIMITED branch came to be assigned the code ICIC00INPRS.

Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC ICIC00INPRS, money simply cannot be routed to the INDORE PARASPAR SAHAKARI BANK LIMITED branch electronically.

How to transfer money using IFSC ICIC00INPRS

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 ICIC00INPRS across all three.

How to use IFSC ICIC00INPRS for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to ICICI Bank Limited's INDORE PARASPAR SAHAKARI BANK LIMITED 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 ICIC00INPRS.
4. Confirm the bank name auto-populates as ICICI Bank Limited and the branch as INDORE PARASPAR SAHAKARI BANK LIMITED.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

RTGS transfers via IFSC ICIC00INPRS

RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to ICICI Bank Limited – INDORE PARASPAR SAHAKARI BANK LIMITED, ensure your bank's portal accepts IFSC ICIC00INPRS while registering the beneficiary. RTGS is also available 24x7.

Send money instantly through IMPS

For a real-time, anytime transfer to ICICI Bank Limited – INDORE PARASPAR SAHAKARI BANK LIMITED, use IMPS. With IFSC ICIC00INPRS and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

Comparing NEFT, RTGS and IMPS for transfers to Indore Paraspar Sahakari Bank Limited

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 ICIC00INPRS:

• 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 INDORE PARASPAR SAHAKARI BANK LIMITED is still linked to IFSC ICIC00INPRS.

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 ICIC00INPRS

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 – INDORE PARASPAR SAHAKARI BANK LIMITED is still mapped to IFSC ICIC00INPRS. 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 ICIC00INPRS and the beneficiary's account number to complete the transfer.

Account types you can open at the Indore Paraspar Sahakari Bank Limited branch

Once you have an account at ICICI Bank Limited – INDORE PARASPAR SAHAKARI BANK LIMITED, the IFSC ICIC00INPRS 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.

Products and services

Customers walking into the Indore Paraspar Sahakari Bank Limited branch can access most of ICICI Bank Limited's standard product suite, including:

• Account opening – savings, current, NRI, salary
• Term deposits and recurring deposits
• Retail and small-business loans
• Insurance and mutual-fund tie-ups
• Locker, safe deposit and ATM card services
• Online and mobile banking activation
• Electronic transfers via IFSC ICIC00INPRS

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by ICICI Bank Limited carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC ICIC00INPRS and the account number together uniquely identify the Indore Paraspar Sahakari Bank Limited branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Online banking and IFSC ICIC00INPRS

ICICI Bank Limited customers can register for net banking and the bank's official mobile app once their account at the INDORE PARASPAR SAHAKARI BANK LIMITED 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 ICIC00INPRS 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.

Common mistakes to avoid when using IFSC ICIC00INPRS

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 – INDORE PARASPAR SAHAKARI BANK LIMITED, 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: ICIC00INPRS.
• 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 Indore Paraspar Sahakari Bank Limited branch

The branch is located at SAHAKAR SADAN,221,TILAK PATH,INDORE 452 007, which puts it inside Indore, the broader Indore district, and the state of Madhya Pradesh. To plan your visit:

1. Open Google Maps on your phone and search for “ICICI Bank Limited Indore Paraspar Sahakari Bank Limited branch” — the verified location pin for IFSC ICIC00INPRS should appear at the top of the results.
2. Confirm the branch is open by calling 731-2542876 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 ICIC00INPRS and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC ICIC00INPRS for ICICI Bank Limited – INDORE PARASPAR SAHAKARI BANK LIMITED, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

Working hours

Branch counters at Indore Paraspar Sahakari Bank Limited are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to ICIC00INPRS continue to work without interruption.

Branch address & contact

Frequently asked questions

Final notes

To recap: ICIC00INPRS is the IFSC code of ICICI Bank Limited, INDORE PARASPAR SAHAKARI BANK LIMITED branch, in INDORE, 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.