Below are the complete branch details for ICICI Bank Limited, KARANJADE branch, located in PANVEL, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is ICIC0004841. 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 ICIC0004841 for ICICI Bank Limited – KARANJADE — 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 KARANJADE branch, the IFSC ICIC0004841 breaks down as follows: ICIC identifies the bank, 0 is the reserved character, and 004841 identifies this particular branch.
About the bank
ICICI Bank Limited serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Karanjade branch in Panvel, Maharashtra is part of this network and uses the IFSC code ICIC0004841 for all electronic settlement.
About the Karanjade branch
The Karanjade branch of ICICI Bank Limited is situated at ICICI BANK LTD, SHOP NO 1 AND 2, VINAYAK AVADH, PLOT NO 72, SECTOR 3, KARANJADE, 410206 MAHARASHTRA. 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 ICIC0004841 is used.
Branch details at a glance
| Bank Name | ICICI Bank Limited |
|---|---|
| Branch | Karanjade |
| IFSC Code | ICIC0004841 |
| MICR Code | Refer to cheque leaf |
| Branch Address | ICICI BANK LTD, SHOP NO 1 AND 2, VINAYAK AVADH, PLOT NO 72, SECTOR 3, KARANJADE, 410206 MAHARASHTRA |
| City | Panvel |
| District | Panvel |
| State | Maharashtra |
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 KARANJADE of ICICI Bank Limited — its own 11-character IFSC. The code ICIC0004841 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 ICIC0004841 the same way you would treat your account number — verify it once and save it carefully for future use.
MICR & cheque-truncation details
Cheques drawn on the Karanjade branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC ICIC0004841 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
How to transfer money using IFSC ICIC0004841
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 ICIC0004841 across all three.
NEFT to ICICI Bank Limited, KARANJADE using IFSC ICIC0004841
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 ICIC0004841, and confirm that the system picks up ICICI Bank Limited – KARANJADE. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC ICIC0004841
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 – KARANJADE, ensure your bank's portal accepts IFSC ICIC0004841 while registering the beneficiary. RTGS is also available 24x7.
IMPS to ICICI Bank Limited KARANJADE (IFSC ICIC0004841)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC ICIC0004841 in your mobile or internet banking app, and the money is credited to the KARANJADE branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Karanjade
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 ICIC0004841:
- 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 KARANJADE is still linked to IFSC ICIC0004841.
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 ICIC0004841
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 – KARANJADE is still mapped to IFSC ICIC0004841. 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 ICIC0004841 and the beneficiary's account number to complete the transfer.
Account types you can open at the Karanjade branch
Once you have an account at ICICI Bank Limited – KARANJADE, the IFSC ICIC0004841 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 Karanjade branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on the branch contact number.
- 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 ICIC0004841
Online banking and IFSC ICIC0004841
ICICI Bank Limited customers can register for net banking and the bank's official mobile app once their account at the KARANJADE 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 ICIC0004841 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.
How to reach the Karanjade branch
The branch is located at ICICI BANK LTD, SHOP NO 1 AND 2, VINAYAK AVADH, PLOT NO 72, SECTOR 3, KARANJADE, 410206 MAHARASHTRA, which puts it inside Panvel, the broader Panvel district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “ICICI Bank Limited Karanjade branch” — the verified location pin for IFSC ICIC0004841 should appear at the top of the results.
- Confirm the branch is open by calling the branch contact number before stepping out, especially around public holidays.
- 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 ICIC0004841 and your account number.
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 – KARANJADE:
- The IFSC is exactly ICIC0004841 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 KARANJADE 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.
Working hours
Branch counters at Karanjade 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 ICIC0004841 continue to work without interruption.
Verifying IFSC ICIC0004841 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 ICIC0004841 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on the branch contact number.
- Visiting the bank's official branch locator page.
Branch address & contact
ICICI Bank LimitedKaranjade Branch
ICICI BANK LTD, SHOP NO 1 AND 2, VINAYAK AVADH, PLOT NO 72, SECTOR 3, KARANJADE, 410206 MAHARASHTRA
Panvel, Maharashtra
Phone: the branch contact number
IFSC: ICIC0004841
Frequently asked questions
What is the IFSC code of ICICI Bank Limited Karanjade branch?
The IFSC code of ICICI Bank Limited, Karanjade branch is ICIC0004841. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How quickly will an NEFT transfer using ICIC0004841 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to ICICI Bank Limited – Karanjade reflect within 30 minutes.
What is the phone number of ICICI Bank Limited Karanjade branch?
You can reach the branch at the branch contact number during regular banking hours.
How do I add ICICI Bank Limited Karanjade as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC ICIC0004841, and complete OTP verification. Once activated, you can transfer funds at any time.
Does ICICI Bank Limited Karanjade branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on the branch contact number to confirm.
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 Karanjade branch but serve different purposes.
Summary
The IFSC code ICIC0004841 belongs to ICICI Bank Limited's KARANJADE branch, located at ICICI BANK LTD, SHOP NO 1 AND 2, VINAYAK AVADH, PLOT NO 72, SECTOR 3,… in PANVEL, MAHARASHTRA. 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.
