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

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


IFSC Code

IOBA0000923

MICR Code

535020523

Branch

PERUMALI

Contact

257828

Address

2 BY 90 GROUND FLOOR PERUMALITHERLAM MANDAL PERUMALI PIN 532140

City

PERUMALI

District

VIZIANAGARAM

State

ANDHRA PRADESH





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

IOBA0000923

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.