IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in GUJARAT - AHMADABAD - AHMEDABAD - SATELLITE

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


IFSC Code

IOBA0001418

MICR Code

380020014

Branch

SATELLITE

Contact

26852676

Address

1 AKASH BULDGG F JUDGES BUNGLOW RDSATELLITEAHMEDABAD 380054

City

AHMEDABAD

District

AHMADABAD

State

GUJARAT





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

IOBA0001418

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.