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

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


IFSC Code

IOBA0000050

MICR Code

600020139

Branch

MAHABALIPURAM

Contact

27442222

Address

THIRUKAZHUKUNDRAM ROAD MAHABALIPURAM 603104 KANCHEEPURAM DISTRICT

City

MAHABALIPURAM

District

KANCHEEPURAM

State

TAMIL NADU





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

IOBA0000050

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.