IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in TAMIL NADU - VILLUPURAM - VALAVANOOR - VALAVANUR

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


IFSC Code

IOBA0000378

MICR Code

605020028

Branch

VALAVANUR

Contact

231364

Address

63 C KUYAVAN PILLAIYAR KOIL ST VALAVANUR PIN 605108

City

VALAVANOOR

District

VILLUPURAM

State

TAMIL NADU





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

IOBA0000378

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.