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

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


IFSC Code

IOBA0003672

MICR Code

WAITING

Branch

RAYACHOTI

Contact

2250048

Address

37 31 GROUND FLOOR OPP SAIBABA TEMPLE S N COLONY RAYACHOTI 516269 YSR KADAPA DIST

City

RAYACHOTI

District

CUDDAPAH

State

ANDHRA PRADESH





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

IOBA0003672

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.