IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in TAMIL NADU - KARUR - NACHALUR - NACHALUR

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


IFSC Code

IOBA0000611

MICR Code

620020026

Branch

NACHALUR

Contact

246624

Address

SF NO 893 MAIN ROAD NEAR BUS STAND NACHALUR PIN 639110

City

NACHALUR

District

KARUR

State

TAMIL NADU





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

IOBA0000611

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.