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

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


IFSC Code

IOBA0002716

MICR Code

641020058

Branch

PALLAPALAYAM

Contact

28584896

Address

152 A TRICHY ROAD L AND T BYE PASS NEAR SARASWATHI HOSPITAL CHINTHAMANIPUDUR COIMBATORE 641013

City

COIMBATORE

District

COIMBATORE

State

TAMIL NADU





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

IOBA0002716

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.