IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in TAMIL NADU - KANCHEEPURAM - CHUNAMPET - CHUNAMPET

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


IFSC Code

IOBA0000260

MICR Code

600020166

Branch

CHUNAMPET

Contact

27545631

Address

ZAMIN STREET CHUNAMPET PIN 603401

City

CHUNAMPET

District

KANCHEEPURAM

State

TAMIL NADU





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

IOBA0000260

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.