IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in ANDHRA PRADESH - WEST GODAVARI - PEDANINDRAKOLANU - PEDANINRAKOLANU

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


IFSC Code

IOBA0000863

MICR Code

534020642

Branch

PEDANINRAKOLANU

Contact

245852

Address

NIDAMARRU MANDAL PEDANINRAKOLANU PIN 534195

City

PEDANINDRAKOLANU

District

WEST GODAVARI

State

ANDHRA PRADESH





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

IOBA0000863

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.