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

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


IFSC Code

IOBA0000299

MICR Code

641020045

Branch

POLLACHI

Contact

228679

Address

95 SRI BALAJI COMPLEX 1 FLOOR NEW SCHEME ROAD POLLACHI PIN 642001

City

POLLACHI

District

COIMBATORE

State

TAMIL NADU





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

IOBA0000299

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.