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

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


IFSC Code

IOBA0003017

MICR Code

390020009

Branch

PAL SURAT

Contact

28584896

Address

3 AND 4 GALAXI IMPERIAL L P SAVANI ROAD NEAR CNG PETROL PUBP PAL CANAL ROAD SURAT 395009

City

SURAT

District

SURAT

State

GUJARAT





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

IOBA0003017

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.