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

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


IFSC Code

IOBA0001957

MICR Code

403020014

Branch

PONDA

Contact

2319100

Address

RAJ KRISHNA TOWERSBLDG.NO.A SHOP NO 10 16SHANTI NAGAR PONDA PIN 403401

City

PONDA

District

NORTH GOA

State

GOA





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

IOBA0001957

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.