IFSC Code MICR No Details for Indian Overseas Bank (IOB) Palakollu Branch in West Godavari, Andhra Pradesh
 
 
 
 

Indian Overseas Bank (IOB) Palakollu Branch IFSC Code IOBA0002602 Details

  IFSC Code :  IOBA0002602
  Bank :  INDIAN OVERSEAS BANK (IOB)
  Branch :  PALAKOLLU
  MICR No :  534020302
  Address :  S6 KANURI SHOPPING COMPLEX MG ROAD PALAKOLLU WEST GODAVARI DIST 534260
  Branch Email :  [email protected]
  Branch Contact No :  
  Customer Care Eamil :  ATM [email protected], Internet banking email id : [email protected] , Credit Card : [email protected]
  Customer Care No :  1800 425 4445
  District :  WEST GODAVARI
  State :  ANDHRA PRADESH

What is IFSC Code of Indian Overseas Bank (IOB) Palakollu Branch in West Godavari, Andhra Pradesh ?
The Indian Financial System Code (IFSC) is an alphanumeric code that uniquely identifies a Bank-Branch participating in National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) Electronic Funds Settlement Systems in India. IFSC Code of IOB Bank is provided by RBI. It is identifies branch which participate in online fund transfers. It is a unique code for branch. IOB Bank IFSC Code consists of 11 Characters:
(ex. AAAA00654321)
• First 4 characters represent the entity (AAAAxxxxxxx)
• Fifth position has been defaulted with a '0' (Zero) for future use (xxxx0xxxxxx)
• Last 6 character denotes the branch identity (xxxxx654321)
Indian Overseas Bank (IOB) Palakollu Branch IFSC Code IOBA0002602 & MICR 534020302 Andhra Pradesh State West Godavari District. Palakollu Branch Address is S6 KANURI SHOPPING COMPLEX MG ROAD PALAKOLLU WEST GODAVARI DIST 534260 Contact No IOB Bank Palakollu Branch email id [email protected] IOB Bank Customer care email ATM [email protected], Internet banking email id : [email protected] , Credit Card : [email protected], Customer care phone number 1800 425 4445.
How to use IOB Bank Palakollu Branch SWIFT, BIC Code in West Godavari, Andhra Pradesh
Bank Identifier Code (BIC), SWIFT codes and Routing Code are basically the same. Indian Overseas Bank (IOB) SWIFT Code Bank used to Transfer fund to International banks branches. SWIFT, BIC Code Bank is provided the broadest coverage of national bank identifiers. BIC/SWIFT Code is identifying Bank Country branches. BIC Code is unique for each branch. These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks.
MICR code for Indian Overseas Bank (IOB) Palakollu Branch is 534020302. This MICR code 534020302 is used to get bank account details of customer for cheque clearance.
What is MICR No of Indian Overseas Bank (IOB) Palakollu Branch in West Godavari, Andhra Pradesh and how is it used by a bank?
Magnetic ink character recognition (MICR) code can be seen on bottom of cheque leaf. Indian Overseas Bank (IOB) Palakollu MICR No is 534020302 used by bank to process clearing of cheques and other operations. This code is printed by special ink and information can be read by using specific readers. MICR code give information about bank code and account details of account holder etc. MICR code is made up of nine digits in which first 3 digits show name of city, Next 3 digits shows code of bank and last 3 digits shows name of branch of bank. MICR codes are for secure transaction.
IOB Bank Palakollu branch IFSC Code is IOBA0002602. It is also available at bottom of cheque. This code IOBA0002602 is helpful to know PALAKOLLU branch details of the IOB Bank when we made online transaction of fund through NEFT,RTGS,mobile banking, bill payments, Credit card payment, online booking etc.
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IFSC: Indian Financial System Code
BSR: Basic Statistical Return
BIC: Bank Identifier Code
MICR: Magnetic ink character recognition
NEFT: National Electronic Funds Transfer
RTGS: Real Time Gross Settlement
CIN: Challan Identification Number
SWIFT: Society for Worldwide Interbank Financial Telecommunication
How to use Indian Overseas Bank (IOB) Palakollu Branch IFSC Code IOBA0002602 in NEFT & RGTS Transfer at West Godavari, Andhra Pradesh
Real Time Gross Settlement (RTGS) & National Electronic Funds Transfer (NEFT) are a nation-wide online fund transfer system supported by RBI. RGTS & NEFT facilitates individuals (Saving Account), firms and corporate (Current Account) to transfer small and medium amount from any Indian Overseas Bank (IOB) branch to any individual Saving A/c, firm or corporate Current A/c having an account with any other Bank branch in the India. Indian Overseas Bank (IOB) Palakollu IFSC Code IOBA0002602 information can also be used to do online Net banking, Electricity, Mobil, credit card Bill payments, health insurance premium payments, Flight, Bus and Train ticket booking, online shopping, loan emi payments, online Share equity Trading Fund Transfer, buying mutual funds, bonds, egold, Gold EFTs etc.