IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in ANDHRA PRADESH - KHAMMAM - KHAMMAM - NAIDUPET KHAMMAM

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


IFSC Code

IOBA0001704

MICR Code

507020003

Branch

NAIDUPET KHAMMAM

Contact

2551744

Address

BISHOP HOUSE NAIDUPET KHAMMAM PIN 507003

City

KHAMMAM

District

KHAMMAM

State

ANDHRA PRADESH





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

IOBA0001704

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.