IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in TAMIL NADU - PERAMBALUR - ARIYALUR - PERUVALAPPUR

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


IFSC Code

IOBA0001045

MICR Code

620020513

Branch

PERUVALAPPUR

Contact

2651230

Address

MAIN ROADPERUVALLAPUR POST LALGUDI TALUK PERUVALLAPUR PIN 621651

City

ARIYALUR

District

PERAMBALUR

State

TAMIL NADU





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

IOBA0001045

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.