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

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


IFSC Code

IOBA0002497

MICR Code

533020783

Branch

RAJANAGARAM

Contact

2484145

Address

DOOR NO 1 18 MAIN ROAD RAJANAGARM EAST GODAVARI DISTPIN 533294

City

RAJANAGARAM

District

EAST GODAVARI

State

ANDHRA PRADESH





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

IOBA0002497

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.