IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in KARNATAKA - BANGALORE URBAN - ANEKAL - MADAPATNA

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


IFSC Code

IOBA0003268

MICR Code

560020053

Branch

MADAPATNA

Contact

28584896

Address

446 KHATHA NO 162 MADAPATNA VILLAGE JIGANI HOBLI ANEKAL POST BANGALORE 562106 KARNATAKA

City

ANEKAL

District

BANGALORE URBAN

State

KARNATAKA





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

IOBA0003268

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.