ICICI BANK LIMITEDVerified Feb 2026

ICICI BANK LIMITED IFSC Code – PALASA, PALASA

Complete bank details including IFSC code, MICR code, address and payment facilities for PALASA branch.

IFSC Code
ICIC0000699

Bank Details

Bank NameICICI BANK LIMITED
Branch NamePALASA
IFSC CodeICIC0000699
MICR Code532229102
AddressICICI BANK LTD, 13-2-194, K.T.ROAD, PALASA,SRIKAKULAM DISTRICT.532221
CityPALASA
DistrictSRIKAKULAM
StateANDHRA PRADESH
Contact0

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code ICIC0000699

The IFSC code ICIC0000699 uniquely identifies the PALASA branch of ICICI BANK LIMITED located in PALASA, ANDHRA PRADESH. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.

Understanding IFSC Code ICIC0000699

  • First 4 characters (ICIC) – Represents ICICI BANK LIMITED bank code assigned by RBI
  • 5th character (0) – Reserved for future use (always 0)
  • Last 6 characters (000699) – Unique branch identifier for PALASA

How to Use IFSC Code ICIC0000699

To transfer money to any account at ICICI BANK LIMITED PALASA branch, you will need to provide the IFSC code ICIC0000699 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at PALASA

  • NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
  • RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
  • IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
  • UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID

About ICICI BANK LIMITED PALASA Branch

ICICI BANK LIMITED PALASA is a branch of ICICI BANK LIMITED located in PALASA, ANDHRA PRADESH. The branch provides comprehensive banking services to customers in PALASA and surrounding areas.

Branch Address

ICICI BANK LTD, 13-2-194, K.T.ROAD, PALASA,SRIKAKULAM DISTRICT.532221, PALASA, ANDHRA PRADESH

Services Available

This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).

MICR Code Information

The MICR (Magnetic Ink Character Recognition) code for this branch is 532229102. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.

Important Information

Transfer Timings

  • NEFT: 24x7, 365 days (Settled in half-hourly batches)
  • RTGS: 24x7, 365 days (Real-time for ₹2L+)
  • IMPS: 24x7, 365 days (Instant)
  • UPI: 24x7, 365 days (Instant)

Verification Tips

  • Always verify IFSC code before transferring money
  • Cross-check with bank passbook or cheque book
  • IFSC codes may change after bank mergers
  • Contact branch for latest information

Frequently Asked Questions

What is the IFSC code of ICICI BANK LIMITED PALASA?

The IFSC code of ICICI BANK LIMITED PALASA branch in PALASA is ICIC0000699.

What is the MICR code of ICICI BANK LIMITED PALASA?

The MICR code of ICICI BANK LIMITED PALASA branch is 532229102.

What is the address of ICICI BANK LIMITED PALASA?

ICICI BANK LIMITED PALASA branch is located at ICICI BANK LTD, 13-2-194, K.T.ROAD, PALASA,SRIKAKULAM DISTRICT.532221.

Does ICICI BANK LIMITED PALASA support NEFT/RTGS/IMPS?

ICICI BANK LIMITED PALASA branch supports NEFT, RTGS, IMPS, and UPI transactions.