IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in KARNATAKA - BANGALORE URBAN - BANGALORE - EAST END MAIN RD

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


IFSC Code

IOBA0000677

MICR Code

560020007

Branch

EAST END MAIN RD

Contact

22950183

Address

42 BY 166 EAST END MAIN RD JAYANAGAR 9TH BLOCK BANGALORE

City

BANGALORE

District

BANGALORE URBAN

State

KARNATAKA





What is IFSC Code of INDIAN OVERSEAS BANK situated at EAST END MAIN RD- RTGS-HO?
IFSC Code of INDIAN OVERSEAS BANK situated at EAST END MAIN RD - RTGS-HO is

IOBA0000677

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.