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

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


IFSC Code

IOBA0003316

MICR Code

WAITING

Branch

SINGANAYAKANAHALLI

Contact

28584896

Address

SINGANAYAKANAHALLIBANGALORE DODDABALLAPUR MAIN ROADYELAHANKA HOBLISINGANAYAKANAHALLI 560064

City

BANGALORE URBAN

District

BANGALORE URBAN

State

KARNATAKA





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

IOBA0003316

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.