IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in PUDUCHERRY - PONDICHERRY - PONDICHERRY - REDDIARPALAYAM

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


IFSC Code

IOBA0001529

MICR Code

605020004

Branch

REDDIARPALAYAM

Contact

2291248

Address

2 CHURCH STREETREDDIARPALAYAMPONDICHERRY

City

PONDICHERRY

District

PONDICHERRY

State

PUDUCHERRY





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

IOBA0001529

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.