Get IFSC and MICR code of Indian Overseas Bank Rtgs Ho branch in Chennai city or district, Tamil Nadu state along with address and contact phone numbers, scroll down.
Indian Financial System Code (IFSC) is a eleven digit code provided by the Reserve Bank of India (RBI) for identifying bank branches in India individually. This code is used for NEFT and RTGS.
The code consists of 11 characters. The first part is the first four alphabet characters represent the Bank. Next character is zero(0), which is reserved for use in the future. The last six characters are the branch code.
The Indian Overseas Bank IFSC code is 11 characters?
Example:
IFSC is a 11-digit alphanumeric code that is used for NEFT, RTGS and IMPS fund transfers. IFSC CODE of all banks are assigned by the Reserve Bank of India (RBI). Each code is a unique one and helps in the identification of a specific bank branch.
Rtgs Ho Branch Information
Indian Financial System Code, Magnetic Ink Character Recognition, SWIFT Code, Address and Contact number of Indian Overseas Bank - Rtgs Ho branch in Chennai district which is in the state of Tamil Nadu . Branch office and ATM location.
Real Time Gross Settlement (RTGS) is a fund transfer mechanism which is used to transfer money from one bank to another. This gross basis transfer happens in realtime, hence the name. Minimum amount that can be transferred through RTGS is Rs. 2,00,000. Fees to process RTGS will be applicable.
National Electronic Fund Transfer (NEFT) is an online money transfer system which is supported by RBI. NEFT is used for medium and small amount transfer between accounts and banks. There is no minimum amount limit to send money via NEFT.
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