IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in ANDHRA PRADESH - VIZIANAGARAM - BADANGI - DONKINAVALASA

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


IFSC Code

IOBA0001167

MICR Code

535020542

Branch

DONKINAVALASA

Contact

258224

Address

3 BY 16 AND 17 NEAR RLY STATION BADANGI MANDAL DONKINAVALASA PIN 532578

City

BADANGI

District

VIZIANAGARAM

State

ANDHRA PRADESH





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

IOBA0001167

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.