IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in TAMIL NADU - VELLORE - VELLORE - GANDHI NGR

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


IFSC Code

IOBA0000213

MICR Code

632020007

Branch

GANDHI NGR

Contact

2242545

Address

3 10TH EAST STREET GANDHI NGR VELLORE

City

VELLORE

District

VELLORE

State

TAMIL NADU





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

IOBA0000213

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.