IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in KARNATAKA - BANGALORE RURAL - NELAMANGALA - ARASINAGUNTE BINNAMANGALA

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


IFSC Code

IOBA0003702

MICR Code

WAITING

Branch

ARASINAGUNTE BINNAMANGALA

Contact

22950212

Address

135 37B H ROADBINNAMANGALABANGALORE RURALKARNATAKA 562123

City

NELAMANGALA

District

BANGALORE RURAL

State

KARNATAKA





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

IOBA0003702

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.