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IFSC Code of INDIAN OVERSEAS BANK CHINNASALEM CHINNASALEM Branch

IFSC Code IOBA0000119
(Used for RTGS and NEFT transactions)
MICR Code 606020104
Bank INDIAN OVERSEAS BANK
Address 378 SALEM MAIN ROAD CHINNASALEM PIN 606201
City VILLUPURAM
District CHINNASALEM
State TAMIL NADU
Branch CHINNASALEM
Phone Number 236226
Address 378 SALEM MAIN ROAD CHINNASALEM PIN 606201
What is IFSC Code ?

The Indian Financial System Code (IFSC Code) is an alphanumeric code that uniquely identifies a bank-branch participating in the two main Electronic Funds Settlement Systems in India: the Real Time Gross Settlement (RTGS) and the National Electronic Funds Transfer (NEFT) Systems.

IFSC Code Results

IFSC Code of INDIAN OVERSEAS BANK - CHINNASALEM branch is IOBA0000119, MICR CODE: 606020104 City : VILLUPURAM, District CHINNASALEM, State: TAMIL NADU Address : 378 SALEM MAIN ROAD CHINNASALEM PIN 606201, Phone Number: 236226

What is MICR Code ?

Magnetic Ink Character Recognition Code (MICR Code) is a character-recognition technology used mainly by the banking industry to ease the processing and clearance of cheques and other documents.

What is SWIFT Code ?

ISO 9362 (also known as SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) defines a standard format of Business Identifier Codes approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions.

What is RTGS ?

Real-time gross settlement systems (RTGS) are specialist funds transfer systems where transfer of money or securities takes place from one bank to another on a "real time" and on "gross" basis. Settlement in "real time" means payment transaction is not subjected to any waiting period.

IFSC Code Results

IFSC Code of INDIAN OVERSEAS BANK - CHINNASALEM branch is IOBA0000119, MICR CODE: 606020104 City : VILLUPURAM, District CHINNASALEM, State: TAMIL NADU Address : 378 SALEM MAIN ROAD CHINNASALEM PIN 606201, Phone Number: 236226

what is NEFT ?

Neft stands for National Electronic Funds Transfer and is a payment system which facilitates one-to-one funds transfer. Like RTGS, Neft also transfers funds from one bank, but unlike RTGS the settlement takes place in batches (that may include transfers from various individuals) rather than individually.