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

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


IFSC Code

IOBA0000459

MICR Code

360020121

Branch

PORBANDAR

Contact

2245957

Address

KHADI BHAVAN ANNEXE BHAVSINGHJI PARK ROAD PORBANDAR PIN 360575

City

PORBANDAR

District

PORBANDAR

State

GUJARAT





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

IOBA0000459

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.