IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in TAMIL NADU - KANYAKUMARI - KARUNGAL - KARUNGAL

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


IFSC Code

IOBA0003403

MICR Code

629020034

Branch

KARUNGAL

Contact

28584896

Address

NO 18 21B CHELLANKONAM KARUNGAL KANIYAKUMARI DT

City

KARUNGAL

District

KANYAKUMARI

State

TAMIL NADU





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

IOBA0003403

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.