IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in KERALA - MALAPPURAM - VALANCHERRY - VALANCHERRY

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


IFSC Code

IOBA0002298

MICR Code

676020002

Branch

VALANCHERRY

Contact

2646262

Address

VP 3 217 KOZHIKODE ROAD VALANCHERRY MALAPPURAM DIST KERALA 676552

City

VALANCHERRY

District

MALAPPURAM

State

KERALA





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

IOBA0002298

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.