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

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


IFSC Code

IOBA0000427

MICR Code

360020004

Branch

RAJKOT VANIAVADI

Contact

2362867

Address

BHAKTI NAGAR CIRCLEVANIAVADIRAJKOT PIN 360002

City

RAJKOT

District

RAJKOT

State

GUJARAT





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

IOBA0000427

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.