IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in KERALA - ERNAKULAM - ALUVA - ALWAYE

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


IFSC Code

IOBA0000664

MICR Code

682020004

Branch

ALWAYE

Contact

2623238

Address

KODAWATH SHOPPING COMP AMC XII BY 70A 1 SUB JAIL ROAD ALUVA PIN 683101

City

ALUVA

District

ERNAKULAM

State

KERALA





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

IOBA0000664

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.