IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in TAMIL NADU - CUDDALORE - NEYVELI - NEYVELI TOWNSHIP

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


IFSC Code

IOBA0000918

MICR Code

607020102

Branch

NEYVELI TOWNSHIP

Contact

228586

Address

BLOCK NO 19UNIT NO IVMAIN BAZAARNEYVELI TOWNSHIP

City

NEYVELI

District

CUDDALORE

State

TAMIL NADU





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

IOBA0000918

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.