IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in ANDHRA PRADESH - SRIKAKULAM - ALLADA - ALLADA

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


IFSC Code

IOBA0001129

MICR Code

532020602

Branch

ALLADA

Contact

274241

Address

ALLADA VILLAGE AND PANCHAYAT KOTABOMMALI THANA JALUMOORU MANDAL ALLADA PIN 532425

City

ALLADA

District

SRIKAKULAM

State

ANDHRA PRADESH





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

IOBA0001129

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.