IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in KERALA - THIRUVANANTHAPURAM - VARKALA - VARKALA

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


IFSC Code

IOBA0000321

MICR Code

695020252

Branch

VARKALA

Contact

2602332

Address

386 BY 1 MAIDANAM VARKALA - 695141

City

VARKALA

District

THIRUVANANTHAPURAM

State

KERALA





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

IOBA0000321

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.