IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in ANDHRA PRADESH - EAST GODAVARI - KAKINADA - SME KAKINADA

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


IFSC Code

IOBA0002604

MICR Code

533020004

Branch

SME KAKINADA

Contact

28584896

Address

2 43 41A I FLOOR ENDOWMENTS COLONY 50 BUILDINGS CENTRE BHASKARNAGAR KAKINADA 533033

City

KAKINADA

District

EAST GODAVARI

State

ANDHRA PRADESH





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

IOBA0002604

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.