Indian Overseas Bank IFSC Code, MICR Code, Address, Contact Number for the Neyveli Township Branch in Tamil Nadu
Indian Overseas Bank Neyveli Township Branch is situated in Cuddalore, Tamil Nadu
IFSC Code for Indian Overseas Bank Neyveli Township Branch, Cuddalore
IOBA0000918
- Bank Name: Indian Overseas Bank
- Bank Old IFSC Code: NA
- Bank New IFSC Code: IOBA0000918
- Bank MICR Code: 607020102
- Bank Address: Block No 19,Unit No Iv,Main Bazaar,Neyveli Township
- Bank Branch: Neyveli Township
- Bank District: Cuddalore
- Bank State: Tamil Nadu
- Bank City: Neyveli
About IFSC Codes in India
IFSC stands for Indian Financial System Code. It is a unique 11-digit alphanumeric code assigned to each bank branch in India by the Reserve Bank of India (RBI). It is used for electronic funds transfer using NEFT, RTGS, and IMPS.
Components of IFSC Code:
- First four characters: Bank code
- Fifth character: Always 0
- Last six characters: Branch identifier
About MICR Codes
MICR stands for Magnetic Ink Character Recognition and is printed on cheques to streamline processing.
- First three digits: City code
- Next three digits: Bank code
- Last three digits: Branch code