IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in ANDHRA PRADESH - GUNTUR - GUNTUR - GUNTUR BRODIPET

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


IFSC Code

IOBA0000123

MICR Code

520020103

Branch

GUNTUR BRODIPET

Contact

2241840

Address

4TH LANE5 37 193 BY 194 BY 195BRODIPETGUNTUR PIN 522002

City

GUNTUR

District

GUNTUR

State

ANDHRA PRADESH





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

IOBA0000123

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.