IOBA0001254 IFSC Code, INDIAN OVERSEAS BANK, KOTHAGUDEM SINGARENI COLLIERIES

IFSC Code of Indian Overseas Bank, Kothagudem Singareni Collieries, Andhra Pradesh IFSC CODE & MICR CODE

INDIAN OVERSEAS BANK, KOTHAGUDEM SINGARENI COLLIERIES - IOBA0001254

  • Bank name: INDIAN OVERSEAS BANK

Bank Address: Adj To Sccl Head Office, Kothagudem Pin 507101

  • IFSC Code ioba0001254
  • Bank Code IOBA
  • Bank name INDIAN OVERSEAS BANK
  • Bank contact number 242283
  • Bank branch KOTHAGUDEM SINGARENI COLLIERIES
  • Bank ISO3166 Code IN-AP
  • Bank Center KHAMMAM
  • MICR Code MICR not provided
  • State name ANDHRA PRADESH
  • District name KHAMMAM
  • City name KOTHAGUDEM
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for INDIAN OVERSEAS BANK, KOTHAGUDEM SINGARENI COLLIERIES branch is IOBA0001254, ensures that your transactions are directed to the correct branch.

How to Use IOBA0001254 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the KOTHAGUDEM SINGARENI COLLIERIES branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.