IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in GOA - NORTH GOA - ASSONORA - MULGAON GOA

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


IFSC Code

IOBA0000694

MICR Code

403020007

Branch

MULGAON GOA

Contact

2215235

Address

E 9 BHAGWADAMULGAONBICHOLIM TALUKP.O. ASSANORA GOAMULGAONPIN 403503

City

ASSONORA

District

NORTH GOA

State

GOA





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

IOBA0000694

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.