IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in ANDHRA PRADESH - NELLORE - NELLORE - SUJATHAMMA COLONY

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


IFSC Code

IOBA0003598

MICR Code

WAITING

Branch

SUJATHAMMA COLONY

Contact

2250048

Address

24/1432 BEHIND AMBHEDKAR BHAVAN SUJATHAMMA COLONY NELLORE 524003

City

NELLORE

District

NELLORE

State

ANDHRA PRADESH





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

IOBA0003598

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.