IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in ANDHRA PRADESH - KURNOOL - GUDUR - GUDUR

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


IFSC Code

IOBA0000402

MICR Code

NA

Branch

GUDUR

Contact

251632

Address

9 BY 203 RAJA STREET GUDUR524101

City

GUDUR

District

KURNOOL

State

ANDHRA PRADESH





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

IOBA0000402

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.