IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in KERALA - ALAPUZHA - KOMALAPURAM - KOMALAPURAM

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


IFSC Code

IOBA0001201

MICR Code

688020801

Branch

KOMALAPURAM

Contact

2258017

Address

VIII BY 18PATHIRAPPALLY POKOMALAPURAM PIN 688521

City

KOMALAPURAM

District

ALAPUZHA

State

KERALA





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

IOBA0001201

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.