IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in GUJARAT - SURAT - SURAT - UDHNA MAGDALA ROAD BR

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


IFSC Code

IOBA0001876

MICR Code

395020007

Branch

UDHNA MAGDALA ROAD BR

Contact

2233998

Address

RUDRAKSH BHAVAN IST FLOOR NAVJEEVAN CIRCLE UDHANA MAGDALA ROAD SURAT 395007

City

SURAT

District

SURAT

State

GUJARAT





What is IFSC Code of INDIAN OVERSEAS BANK situated at UDHNA MAGDALA ROAD BR- RTGS-HO?
IFSC Code of INDIAN OVERSEAS BANK situated at UDHNA MAGDALA ROAD BR - RTGS-HO is

IOBA0001876

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.