IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in TAMIL NADU - ERODE - KANGEYAM - NATHAKADAIYUR

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


IFSC Code

IOBA0003430

MICR Code

638020050

Branch

NATHAKADAIYUR

Contact

28584896

Address

2 BY 340 BY 1MUTHUR ROADNATHAKADAIYURTIRUPPUR DISTRICT 638108

City

KANGEYAM

District

ERODE

State

TAMIL NADU





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

IOBA0003430

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.