IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in KARNATAKA - BANGALORE URBAN - BANGALORE - SHIVAN CHETTY GARDENS

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


IFSC Code

IOBA0000665

MICR Code

560020014

Branch

SHIVAN CHETTY GARDENS

Contact

22950176

Address

30 A ST JOHNS RDS C GARDENS BANGALORE

City

BANGALORE

District

BANGALORE URBAN

State

KARNATAKA





What is IFSC Code of INDIAN OVERSEAS BANK situated at SHIVAN CHETTY GARDENS- RTGS-HO?
IFSC Code of INDIAN OVERSEAS BANK situated at SHIVAN CHETTY GARDENS - RTGS-HO is

IOBA0000665

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.