IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in KARNATAKA - DAKSHIN KANNAD - KANIYUR(UDUMELPET TQ) - KANIYUR

INDIAN OVERSEAS BANK RTGS HO Branch in KANIYUR(UDUMELPET TQ) - Address, IFSC, MICR Code


IFSC Code

IOBA0000032

MICR Code

642020104

Branch

KANIYUR

Contact

241230

Address

4 BY 6A SHANMUGAM BUILDINGS MAIN ROAD KANIYUR PIN 642203

City

KANIYUR(UDUMELPET TQ)

District

DAKSHIN KANNAD

State

KARNATAKA





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

IOBA0000032

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.