IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in TAMIL NADU - TIRUCHIRAPALLI - SIRUGANUR - SIRUGANUR

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


IFSC Code

IOBA0001016

MICR Code

620020521

Branch

SIRUGANUR

Contact

2650151

Address

S.NO.225 MAIN ROAD SIRUGANUR PIN 621105

City

SIRUGANUR

District

TIRUCHIRAPALLI

State

TAMIL NADU





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

IOBA0001016

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.