IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in TAMIL NADU - THIRUVALLUR - POONAMALLE - THIRUVERKADU

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


IFSC Code

IOBA0002775

MICR Code

600020216

Branch

THIRUVERKADU

Contact

28584896

Address

85 THIRUMALAI BALAJI NAGARMAIN ROADTHIRUVERKADUCHENNAI 600007

City

POONAMALLE

District

THIRUVALLUR

State

TAMIL NADU





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

IOBA0002775

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.