IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in ANDHRA PRADESH - MAHBUBNAGAR - RAMACHANDRAPUR - RAMACHANDRAPURAM

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


IFSC Code

IOBA0002176

MICR Code

500020037

Branch

RAMACHANDRAPURAM

Contact

280799

Address

DOOR NO.23 25 N.H.7ASHOKNAGAR RAMACHANDRAPURAM HYDERABAD PIN 502032

City

RAMACHANDRAPUR

District

MAHBUBNAGAR

State

ANDHRA PRADESH





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

IOBA0002176

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.