IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in DADRA AND NAGAR HAVELI - DADRA&NAGAR HAVELI - SILVASA - SILVASSA

INDIAN OVERSEAS BANK RTGS HO Branch in SILVASA - Address, IFSC, MICR Code


IFSC Code

IOBA0002198

MICR Code

396020111

Branch

SILVASSA

Contact

2640688

Address

HOTEL SONPARI COMPLEXFIRST FLOORSILVASSA VAPI ROAD

City

SILVASA

District

DADRA&NAGAR HAVELI

State

DADRA AND NAGAR HAVELI





What is IFSC Code of INDIAN OVERSEAS BANK situated at SILVASSA- RTGS-HO?
IFSC Code of INDIAN OVERSEAS BANK situated at SILVASSA - RTGS-HO is

IOBA0002198

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.