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

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


IFSC Code

IOBA0001975

MICR Code

600020163

Branch

TIRUVALLUR

Contact

27660050

Address

4 BY 3 B CVNAIDU ROAD TIRUVALLUR PIN 602001

City

TIRUVALLUR

District

THIRUVALLUR

State

TAMIL NADU





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

IOBA0001975

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.