IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in GUJARAT - BHAVNAGAR - BHAVNAGAR - BHAVNAGAR

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


IFSC Code

IOBA0000169

MICR Code

364020001

Branch

BHAVNAGAR

Contact

2517014

Address

F 15TURNING POINTVAGHAWADI ROADBHAVNAGAR PIN 364002

City

BHAVNAGAR

District

BHAVNAGAR

State

GUJARAT





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

IOBA0000169

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.