IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in TAMIL NADU - SIVAGANGA - KARAIKUDI - RAMACHANDRAPURAM

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


IFSC Code

IOBA0000227

MICR Code

622020004

Branch

RAMACHANDRAPURAM

Contact

272249

Address

3 BY 81 BAZAAR STREET RAMACHANDRAPURAM PIN 622505

City

KARAIKUDI

District

SIVAGANGA

State

TAMIL NADU





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

IOBA0000227

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.