IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in GUJARAT - GANDHINAGAR - SHERTHA - KASTURINAGAR

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


IFSC Code

IOBA0001162

MICR Code

380020024

Branch

KASTURINAGAR

Contact

23283059

Address

IFFCO TOWNSHIPKASTURI NAGARPIN 382423

City

SHERTHA

District

GANDHINAGAR

State

GUJARAT





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

IOBA0001162

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.