IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in ANDHRA PRADESH - CUDDAPAH - MADHAVARAM - MADHAVARAM CHENNAI

INDIAN OVERSEAS BANK RTGS HO Branch in MADHAVARAM - Address, IFSC, MICR Code


IFSC Code

IOBA0002363

MICR Code

600020182

Branch

MADHAVARAM CHENNAI

Contact

25580072

Address

382 I FLOOR MADHAVAM REDHILLS ROADMADHAVARAMCHENNAI 60 PIN 600060

City

MADHAVARAM

District

CUDDAPAH

State

ANDHRA PRADESH





What is IFSC Code of INDIAN OVERSEAS BANK situated at MADHAVARAM CHENNAI- RTGS-HO?
IFSC Code of INDIAN OVERSEAS BANK situated at MADHAVARAM CHENNAI - RTGS-HO is

IOBA0002363

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.