This page lists the IFSC code, branch address, contact number and fund-transfer information for ICICI Bank Limited, MAHBUB NAGAR branch in MAHBUBNAGAR. The 11-digit IFSC ICIC0000689 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with ICICI Bank Limited at the MAHBUB NAGAR location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this 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 – MAHBUB NAGAR is ICIC0000689. The first four letters ICIC are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000689 map to this branch in MAHBUBNAGAR, TELANGANA.
Branch details at a glance
| Bank Name | ICICI Bank Limited |
|---|---|
| Branch | Mahbub Nagar |
| IFSC Code | ICIC0000689 |
| MICR Code | Refer to cheque leaf |
| Branch Address | ICICI BANK LTD., H. NO. 1-5-41, GROUND FLOOR, NEW TOWN, OPP. SUSRUTHA PEOPLES HOSPITAL, MAHBUBNAGAR, TELANGANA-509001 |
| City | Mahbubnagar |
| District | Mahbubnagar |
| State | Telangana |
| STD Code | 91 |
| Phone | 7993355813 |
About the bank
ICICI Bank Limited serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Mahbub Nagar branch in Mahbubnagar, Telangana is part of this network and uses the IFSC code ICIC0000689 for all electronic settlement.
About the Mahbub Nagar branch
The Mahbub Nagar branch of ICICI Bank Limited is situated at ICICI BANK LTD., H. NO. 1-5-41, GROUND FLOOR, NEW TOWN, OPP. SUSRUTHA PEOPLES HOSPITAL, MAHBUBNAGAR, TELANGANA-509001. 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 ICIC0000689 is used.
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 MAHBUB NAGAR of ICICI Bank Limited — its own 11-character IFSC. The code ICIC0000689 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 ICIC0000689 the same way you would treat your account number — verify it once and save it carefully for future use.
How to transfer money using IFSC ICIC0000689
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 ICIC0000689 across all three.
NEFT to ICICI Bank Limited, MAHBUB NAGAR using IFSC ICIC0000689
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC ICIC0000689, and confirm that the system picks up ICICI Bank Limited – MAHBUB NAGAR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC ICIC0000689
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 – MAHBUB NAGAR, ensure your bank's portal accepts IFSC ICIC0000689 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to ICICI Bank Limited – MAHBUB NAGAR, use IMPS. With IFSC ICIC0000689 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 Mahbub Nagar
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 ICIC0000689:
- 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 MAHBUB NAGAR is still linked to IFSC ICIC0000689.
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 ICIC0000689
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 – MAHBUB NAGAR is still mapped to IFSC ICIC0000689. 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 ICIC0000689 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Mahbub Nagar branch is mapped to IFSC ICIC0000689 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 ICIC0000689.
Banking services available
The Mahbub Nagar branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-7993355813.
- 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 ICIC0000689
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 ICIC0000689 and the account number together uniquely identify the Mahbub Nagar branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Digital banking channels
Most day-to-day work that customers used to do at the Mahbub Nagar branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC ICIC0000689 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
Common mistakes to avoid when using IFSC ICIC0000689
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 – MAHBUB NAGAR, 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:
ICIC0000689. - 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.
Reaching the branch
The Mahbub Nagar branch sits at ICICI BANK LTD., H. NO. 1-5-41, GROUND FLOOR, NEW TOWN, OPP. SUSRUTHA PEOPLES HOSPITAL, MAHBUBNAGAR, TELANGANA-509001. If you are travelling from outside Mahbubnagar, search for the branch on a maps application using the bank name and locality, or call 91-7993355813 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC ICIC0000689 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC ICIC0000689 for ICICI Bank Limited – MAHBUB NAGAR, 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 Mahbub Nagar 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 ICIC0000689 continue to work without interruption.
Branch address & contact
ICICI Bank LimitedMahbub Nagar Branch
ICICI BANK LTD., H. NO. 1-5-41, GROUND FLOOR, NEW TOWN, OPP. SUSRUTHA PEOPLES HOSPITAL, MAHBUBNAGAR, TELANGANA-509001
Mahbubnagar, Telangana
Phone: 91-7993355813
IFSC: ICIC0000689
Frequently asked questions
Does ICICI Bank Limited Mahbub Nagar branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-7993355813 to confirm.
How quickly will an NEFT transfer using ICIC0000689 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to ICICI Bank Limited – Mahbub Nagar reflect within 30 minutes.
Is IFSC ICIC0000689 the same for all accounts at Mahbub Nagar branch?
Yes. The IFSC ICIC0000689 is shared by every account held at ICICI Bank Limited's Mahbub Nagar branch. Only the account number changes from customer to customer.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Mahbub Nagar branch but serve different purposes.
Can I use IFSC ICIC0000689 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC ICIC0000689 to send funds instantly.
Is IFSC ICIC0000689 valid for NEFT and RTGS?
Yes. IFSC ICIC0000689 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the phone number of ICICI Bank Limited Mahbub Nagar branch?
You can reach the branch at 91-7993355813 during regular banking hours.
Summary
The IFSC code ICIC0000689 belongs to ICICI Bank Limited's MAHBUB NAGAR branch, located at ICICI BANK LTD., H. NO. 1-5-41, GROUND FLOOR, NEW TOWN, OPP. SUSRUTHA PEOPLES… in MAHBUBNAGAR, TELANGANA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.


