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

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


IFSC Code

IOBA0001166

MICR Code

NA

Branch

KURUNAVALI

Contact

259001

Address

297MAIN ROADKURNAVALLIPIN 507167

City

KURNAVALLI

District

KHAMMAM

State

ANDHRA PRADESH





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

IOBA0001166

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.