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

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


IFSC Code

IOBA0000364

MICR Code

535020152

Branch

BOBBILI

Contact

254205

Address

BALAJIPETA ROAD OPP TELEPHONE EXCHANGE BOBBILI PIN 532558

City

BOBBILI

District

VIZIANAGARAM

State

ANDHRA PRADESH





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

IOBA0000364

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.