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

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


IFSC Code

IOBA0002292

MICR Code

584020501

Branch

LINGASAGUR

Contact

28584896

Address

GULBARGA ROADOPP SLV LODGELINGASUGUR 584122

City

LINGASAGUR

District

PRAKASAM

State

ANDHRA PRADESH





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

IOBA0002292

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.