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

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


IFSC Code

IOBA0000949

MICR Code

600020154

Branch

SEVILIMEDU

Contact

27237668

Address

42 GANDHI NAGAR OPP COLLECTORATE SEVELIMEDU PIN 631501

City

SEVILIMEDU

District

KANCHEEPURAM

State

TAMIL NADU





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

IOBA0000949

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.