IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in GOA - SOUTH GOA - MARGAO - CHINCHINIM

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


IFSC Code

IOBA0003678

MICR Code

NA

Branch

CHINCHINIM

Contact

2226273

Address

1074 PALMAR GRANDE CHINCHINIM SALCETE GOA 403715 SOUTH GOA DIST

City

MARGAO

District

SOUTH GOA

State

GOA





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

IOBA0003678

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.