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

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


IFSC Code

IOBA0000718

MICR Code

NA

Branch

NANDYAL

Contact

242094

Address

25 BY 21 NEAR BUS STAND R S ROAD NANDYAL PIN 518501

City

NANDYAL

District

KURNOOL

State

ANDHRA PRADESH





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

IOBA0000718

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.