IFSC Code, MICR Codes for ORIENTAL BANK OF COMMERCE in TAMIL NADU - MADURAI - MADURAI - MADURAI NORTH VELI STREET

ORIENTAL BANK OF COMMERCE RTGS HO Branch in MADURAI - Address, IFSC, MICR Code


IFSC Code

ORBC0101089

MICR Code

625022003

Branch

MADURAI NORTH VELI STREET

Contact

0

Address

16 & 17 A R PLAZA NORTH VELI STREETMADURAIMADURAI

City

MADURAI

District

MADURAI

State

TAMIL NADU





What is IFSC Code of ORIENTAL BANK OF COMMERCE situated at MADURAI NORTH VELI STREET- RTGS-HO?
IFSC Code of ORIENTAL BANK OF COMMERCE situated at MADURAI NORTH VELI STREET - RTGS-HO is

ORBC0101089

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.