Indian Overseas Bank IFSC Code, MICR Code, Address, Contact Number for the Gunturarundel Pet Branch in Andhra Pradesh
Indian Overseas Bank Gunturarundel Pet Branch is situated in Guntur, Andhra Pradesh
IFSC Code for Indian Overseas Bank Gunturarundel Pet Branch, Guntur
IOBA0002109
- Bank Name: Indian Overseas Bank
- Bank Old IFSC Code: NA
- Bank New IFSC Code: IOBA0002109
- Bank MICR Code: 520020106
- Bank Address: 6 19 49, Sri Mattupalli Complex, Arundelpet Main Road, Guntur Pin 522007
- Bank Branch: Gunturarundel Pet
- Bank District: Guntur
- Bank State: Andhra Pradesh
- Bank City: Guntur
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