IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in TAMIL NADU - KANYAKUMARI - KALKULAM - FRIDAY MARKET

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


IFSC Code

IOBA0000650

MICR Code

629020016

Branch

FRIDAY MARKET

Contact

237259

Address

12 BY 116 2ND MAIN ROAD VELLAMODY FRIDAY MARKET PIN 629203

City

KALKULAM

District

KANYAKUMARI

State

TAMIL NADU





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

IOBA0000650

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.