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

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


IFSC Code

IOBA0002566

MICR Code

570020012

Branch

HEBBALU

Contact

2417100

Address

SITE NO 10 VANIVILAS MOHALLA HBCS HEBBALLAYOUT MYSORE

City

HEBBAL

District

BANGALORE URBAN

State

KARNATAKA





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

IOBA0002566

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.