IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in ANDHRA PRADESH - WARANGAL - LAIBARTHY - LAIBARTHY

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


IFSC Code

IOBA0000878

MICR Code

NA

Branch

LAIBARTHY

Contact

233210

Address

WARDHANNAPET MANDAL LAIBARTHY PIN 506313

City

LAIBARTHY

District

WARANGAL

State

ANDHRA PRADESH





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

IOBA0000878

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.