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

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


IFSC Code

IOBA0003116

MICR Code

600020222

Branch

CHITHALAPAKKAM

Contact

28584896

Address

1 BY 189 OTTIYAMBAKKAM MAIN ROADCHITHALAPAKKAMCHENNAI600126

City

TAMBARAM

District

KANCHEEPURAM

State

TAMIL NADU





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

IOBA0003116

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.