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

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


IFSC Code

IOBA0000201

MICR Code

560020013

Branch

COX TOWN

Contact

22950202

Address

45 WHEELER ROAD COX TOWN BANGALORE - 560005

City

BANGALORE

District

BANGALORE URBAN

State

KARNATAKA





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

IOBA0000201

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.