IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in TAMIL NADU - COIMBATORE - COIMBATORE - PARK SQUARE

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


IFSC Code

IOBA0000150

MICR Code

641020012

Branch

PARK SQUARE

Contact

2306144

Address

1027-A SUBRAMANYA COM.COMPLEX AVINASHI ROAD UPPILIPALAYAM COIMBATORE 641 018

City

COIMBATORE

District

COIMBATORE

State

TAMIL NADU





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

IOBA0000150

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.