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

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


IFSC Code

IOBA0002384

MICR Code

641020050

Branch

BROOKE FIELDS

Contact

2255252

Address

LG 20 21 BROOKEFIELDS 67 71 KRISHNASAMY ROAD COIMBATORE 641001

City

COIMBATORE

District

COIMBATORE

State

TAMIL NADU





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

IOBA0002384

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.