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

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


IFSC Code

IOBA0001937

MICR Code

641020040

Branch

MADAMPATTI

Contact

2616010

Address

M K S COMPLEX KUPPANUR ROAD MADAMPATTI VILLAGE COIMBATORE PIN 641010

City

COIMBATORE

District

COIMBATORE

State

TAMIL NADU





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

IOBA0001937

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.