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

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


IFSC Code

IOBA0000529

MICR Code

533020502

Branch

TAPESWARAM

Contact

232129

Address

MAIN ROAD MANDAPETA MANDAL TAPESWARAM PIN 533340

City

TAPESWARAM

District

EAST GODAVARI

State

ANDHRA PRADESH





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

IOBA0000529

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.