IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in TAMIL NADU - SALEM - VALAPADI - VAZHAPADI

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


IFSC Code

IOBA0002794

MICR Code

636020044

Branch

VAZHAPADI

Contact

28584896

Address

NO 32BY2 SUBBU COMPLEX ATTUR MAIN ROAD VAZHAPADI SALEM 636115

City

VALAPADI

District

SALEM

State

TAMIL NADU





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

IOBA0002794

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.