IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in GUJARAT - MAHESANA - VASAI - VASAI DIWANMAN

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


IFSC Code

IOBA0001295

MICR Code

400020044

Branch

VASAI DIWANMAN

Contact

336680

Address

ARUNA APARTMENT VISHAL NAGAR VASAI ROAD W PIN 401202

City

VASAI

District

MAHESANA

State

GUJARAT





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

IOBA0001295

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.