IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in TAMIL NADU - TIRUVANNAMALAI - VEDANTHAVADI - VEDANTHAVADI

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


IFSC Code

IOBA0001034

MICR Code

606020010

Branch

VEDANTHAVADI

Contact

245561

Address

VEDANTHAVADI TIRUVANNAMALAI TALUK VEDANTHAVADI PIN 606752

City

VEDANTHAVADI

District

TIRUVANNAMALAI

State

TAMIL NADU





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

IOBA0001034

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.