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

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


IFSC Code

IOBA0001654

MICR Code

560020025

Branch

BOMMANAHALLI

Contact

22311515

Address

NO. 4 1ST FLOOR SREERAJ COMPLEX BEGUR MAIN ROAD BOMMANAHALLI BANGALORE 560068

City

BOMMANAHALLI

District

BANGALORE URBAN

State

KARNATAKA





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

IOBA0001654

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.