IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in TAMIL NADU - THIRUVALLUR - AMBATTUR - KORATTUR

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


IFSC Code

IOBA0002448

MICR Code

600020185

Branch

KORATTUR

Contact

26872448

Address

H28CENTRAL AVENUEKORATTURCHENNAI 600 080

City

AMBATTUR

District

THIRUVALLUR

State

TAMIL NADU





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

IOBA0002448

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.