IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in ANDHRA PRADESH - PRAKASAM - CUMBUM - CUMBUM

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


IFSC Code

IOBA0000176

MICR Code

625020102

Branch

CUMBUM

Contact

271294

Address

560 HAMEED MERIDIAN 1ST FLOOR LF ROAD CUMBUM PIN 626516

City

CUMBUM

District

PRAKASAM

State

ANDHRA PRADESH





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

IOBA0000176

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.