IFSC Code of ICICI Bank Limited, Paraspar Sahayak Cooperative Bank Ltd Branch, Madhya Pradesh

Below are the complete branch details for ICICI Bank Limited, PARASPAR SAHAYAK COOPERATIVE BANK LTD branch, located in INDORE, MADHYA PRADESH. The IFSC assigned by the Reserve Bank of India to this branch is ICIC00PSCBL. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.

The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case ICIC00PSCBL for ICICI Bank Limited – PARASPAR SAHAYAK COOPERATIVE BANK LTD — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.

For ICICI Bank Limited's PARASPAR SAHAYAK COOPERATIVE BANK LTD branch, the IFSC ICIC00PSCBL breaks down as follows: ICIC identifies the bank, 0 is the reserved character, and 0PSCBL identifies this particular branch.

Branch details at a glance

Bank profile

ICICI Bank Limited is among the recognised banks listed on the Reserve Bank of India's payments network. The Paraspar Sahayak Cooperative Bank Ltd branch — IFSC ICIC00PSCBL — extends the bank's services to customers in and around Indore, Madhya Pradesh.

About this branch

The branch is located at 13 14 15 16 MTH PALIKA PLAZA II INDORE 452007. It serves the Indore 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 ICIC00PSCBL is used to identify this branch on the RBI payments network.

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 PARASPAR SAHAYAK COOPERATIVE BANK LTD branch came to be assigned the code ICIC00PSCBL.

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 ICIC00PSCBL, money simply cannot be routed to the PARASPAR SAHAYAK COOPERATIVE BANK LTD branch electronically.

How to transfer money using IFSC ICIC00PSCBL

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 ICIC00PSCBL across all three.

How to use IFSC ICIC00PSCBL for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to ICICI Bank Limited's PARASPAR SAHAYAK COOPERATIVE BANK LTD 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 ICIC00PSCBL.
4. Confirm the bank name auto-populates as ICICI Bank Limited and the branch as PARASPAR SAHAYAK COOPERATIVE BANK LTD.
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 PARASPAR SAHAYAK COOPERATIVE BANK LTD

If you need to transfer ₹2 lakh or more in one go to an account at ICICI Bank Limited's PARASPAR SAHAYAK COOPERATIVE BANK LTD branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC ICIC00PSCBL while initiating the transfer and the credit will appear within minutes.

IMPS to ICICI Bank Limited PARASPAR SAHAYAK COOPERATIVE BANK LTD (IFSC ICIC00PSCBL)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC ICIC00PSCBL in your mobile or internet banking app, and the money is credited to the PARASPAR SAHAYAK COOPERATIVE BANK LTD branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC ICIC00PSCBL for ICICI Bank Limited – PARASPAR SAHAYAK COOPERATIVE BANK LTD, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.

For most retail customers crediting the Paraspar Sahayak Cooperative Bank Ltd branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.

How UPI relates to the IFSC code

UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at ICICI Bank Limited's PARASPAR SAHAYAK COOPERATIVE BANK LTD branch, the IFSC ICIC00PSCBL is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.

That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.

Products and account variants supported

Every account opened at the Paraspar Sahayak Cooperative Bank Ltd branch is mapped to IFSC ICIC00PSCBL on the RBI payments network. The branch generally supports the full retail product catalogue of ICICI Bank Limited, including:

• Resident savings accounts and salary accounts
• Current accounts for businesses and professionals
• Fixed deposits, recurring deposits and tax-saver deposits
• Demand drafts, banker's cheques and pay orders
• Retail loans — personal, vehicle, education, gold and home
• Credit cards and overdraft facilities (subject to eligibility)
• Third-party investment products such as mutual funds and insurance (through tie-ups)

Whichever product you choose, the IFSC for incoming credits remains ICIC00PSCBL.

Products and services

Customers walking into the Paraspar Sahayak Cooperative Bank Ltd 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 ICIC00PSCBL

MICR & cheque-truncation details

Cheques drawn on the Paraspar Sahayak Cooperative Bank Ltd branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC ICIC00PSCBL for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Online banking and IFSC ICIC00PSCBL

ICICI Bank Limited customers can register for net banking and the bank's official mobile app once their account at the PARASPAR SAHAYAK COOPERATIVE BANK LTD 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 ICIC00PSCBL 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.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to ICICI Bank Limited – PARASPAR SAHAYAK COOPERATIVE BANK LTD:

• The IFSC is exactly ICIC00PSCBL with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills ICICI Bank Limited as the bank name and PARASPAR SAHAYAK COOPERATIVE BANK LTD as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

How to reach the Paraspar Sahayak Cooperative Bank Ltd branch

The branch is located at 13 14 15 16 MTH PALIKA PLAZA II INDORE 452007, 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 Paraspar Sahayak Cooperative Bank Ltd branch” — the verified location pin for IFSC ICIC00PSCBL should appear at the top of the results.
2. Confirm the branch is open by calling 731-2536762 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 ICIC00PSCBL and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC ICIC00PSCBL for ICICI Bank Limited – PARASPAR SAHAYAK COOPERATIVE BANK LTD, 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.

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 Paraspar Sahayak Cooperative Bank Ltd branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC ICIC00PSCBL, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: ICIC00PSCBL is the IFSC code of ICICI Bank Limited, PARASPAR SAHAYAK COOPERATIVE BANK LTD 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.