Indian Overseas Bank IFSC Code, MICR Code, Address, Contact Number for the Rapid Retail Center Branch in Tamil Nadu

Indian Overseas Bank Rapid Retail Center Branch is situated in Kancheepuram, Tamil Nadu

IFSC Code for Indian Overseas Bank Rapid Retail Center Branch, Kancheepuram

IOBA0003039
  • Bank Name: Indian Overseas Bank
  • Bank Old IFSC Code: NA
  • Bank New IFSC Code: IOBA0003039
  • Bank MICR Code: WAITING
  • Bank Address:
    34, Nandanar Street, Opp. Audco, Nh 2, Maraimalainagar, Kancheepuram Dist603209
  • Bank Branch: Rapid Retail Center
  • Bank District: Kancheepuram
  • Bank State: Tamil Nadu
  • Bank City: Maraimalai

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