IFSC Code of ICICI Bank Limited, Shujalpur, Madhya Pradesh Branch, Madhya Pradesh

This page lists the IFSC code, branch address, contact number and fund-transfer information for ICICI Bank Limited, SHUJALPUR, MADHYA PRADESH branch in SHUJALPUR. The 11-digit IFSC ICIC0001716 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 SHUJALPUR, MADHYA PRADESH 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.

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 SHUJALPUR, MADHYA PRADESH branch, the IFSC ICIC0001716 breaks down as follows: ICIC identifies the bank, 0 is the reserved character, and 001716 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 Shujalpur, Madhya Pradesh branch — IFSC ICIC0001716 — extends the bank's services to customers in and around Shujalpur, Madhya Pradesh.

About the Shujalpur, Madhya Pradesh branch

The Shujalpur, Madhya Pradesh branch of ICICI Bank Limited is situated at ICICI BANK LTD., WARD NO. 14, MUNICIPAL HOUSE NO. 278, ROYAL BUILDING, NEAR CM RISE SCHOOL, CITY MANDI ROAD, SHUJALPUR MANDI, DISTRICT - SHAJAPUR, MADHYA PRADESH - 465333.. 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 ICIC0001716 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 SHUJALPUR, MADHYA PRADESH of ICICI Bank Limited — its own 11-character IFSC. The code ICIC0001716 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 ICIC0001716 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 ICIC0001716

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 ICIC0001716 across all three.

NEFT to ICICI Bank Limited, SHUJALPUR, MADHYA PRADESH using IFSC ICIC0001716

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 ICIC0001716, and confirm that the system picks up ICICI Bank Limited – SHUJALPUR, MADHYA PRADESH. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC ICIC0001716

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 – SHUJALPUR, MADHYA PRADESH, ensure your bank's portal accepts IFSC ICIC0001716 while registering the beneficiary. RTGS is also available 24x7.

IMPS to ICICI Bank Limited SHUJALPUR, MADHYA PRADESH (IFSC ICIC0001716)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC ICIC0001716 in your mobile or internet banking app, and the money is credited to the SHUJALPUR, MADHYA PRADESH branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Shujalpur, 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 ICIC0001716:

• 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 SHUJALPUR, MADHYA PRADESH is still linked to IFSC ICIC0001716.

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 ICIC0001716

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 – SHUJALPUR, MADHYA PRADESH is still mapped to IFSC ICIC0001716. 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 ICIC0001716 and the beneficiary's account number to complete the transfer.

Account types you can open at the Shujalpur, Madhya Pradesh branch

Once you have an account at ICICI Bank Limited – SHUJALPUR, MADHYA PRADESH, the IFSC ICIC0001716 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 Shujalpur, Madhya Pradesh 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 ICIC0001716

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 ICIC0001716 and the account number together uniquely identify the Shujalpur, Madhya Pradesh branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Online banking and IFSC ICIC0001716

ICICI Bank Limited customers can register for net banking and the bank's official mobile app once their account at the SHUJALPUR, 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 ICIC0001716 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 ICIC0001716

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 – SHUJALPUR, 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: ICIC0001716.
• 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 Shujalpur, Madhya Pradesh branch sits at ICICI BANK LTD., WARD NO. 14, MUNICIPAL HOUSE NO. 278, ROYAL BUILDING, NEAR CM RISE SCHOOL, CITY MANDI ROAD, SHUJALPUR MANDI, DISTRICT - SHAJAPUR, MADHYA PRADESH - 465333.. If you are travelling from outside Shujalpur, search for the branch on a maps application using the bank name and locality, or call 91-9907875236 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 ICIC0001716 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC ICIC0001716 for ICICI Bank Limited – SHUJALPUR, MADHYA PRADESH, 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 Shujalpur, Madhya Pradesh branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC ICIC0001716, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: ICIC0001716 is the IFSC code of ICICI Bank Limited, SHUJALPUR, MADHYA PRADESH branch, in SHUJALPUR, 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.