IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in TAMIL NADU - CUDDALORE - THOOKANAMBAKKAM - THOOKKANAMPAKKAM

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


IFSC Code

IOBA0001107

MICR Code

605020022

Branch

THOOKKANAMPAKKAM

Contact

2633418

Address

1 BY 68 CUDDALORE ROADTHOOKANAMBAKKAM POTHOOKANAMBAKKAMPIN 607402

City

THOOKANAMBAKKAM

District

CUDDALORE

State

TAMIL NADU





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

IOBA0001107

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.