IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in TAMIL NADU - DINDIGUL - SULLERUMBU - SALAIYUR

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


IFSC Code

IOBA0001220

MICR Code

625020046

Branch

SALAIYUR

Contact

260240

Address

SALAIYUR NAL ROAD SULLERUMBU POSTVIA VEDASANDUR SALAIYUR PIN 624710

City

SULLERUMBU

District

DINDIGUL

State

TAMIL NADU





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

IOBA0001220

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.