IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in TAMIL NADU - RAMANATHAPURAM - PUDUMADAM - PUDUMADAM

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


IFSC Code

IOBA0000890

MICR Code

623020009

Branch

PUDUMADAM

Contact

263252

Address

13 BY 63 A MIDDLE STREETPUDUMADAMPIN 623524

City

PUDUMADAM

District

RAMANATHAPURAM

State

TAMIL NADU





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

IOBA0000890

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.