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

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


IFSC Code

IOBA0000024

MICR Code

682020002

Branch

ERNAKULAM

Contact

2384395

Address

40 BY 8007 AND 8008 M.G.ROAD ERNAKULAM KOCHI - 682 035

City

KOCHI

District

ERNAKULAM

State

KERALA





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

IOBA0000024

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.