IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in KERALA - TRISSUR - VELLANGALLORE - VELLANGALLUR

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


IFSC Code

IOBA0000220

MICR Code

680020252

Branch

VELLANGALLUR

Contact

2860271

Address

11 BY 697VELLANGALLORE

City

VELLANGALLORE

District

TRISSUR

State

KERALA





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

IOBA0000220

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.