IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in KARNATAKA - BELGAUM - CHIKODI - CHIKKODI

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


IFSC Code

IOBA0002850

MICR Code

591020202

Branch

CHIKKODI

Contact

28584896

Address

PLOT NO 171 BHIMNAGAR EAST PART NAGALINESHWAR COLONY COLG ROAD CHIKKODI BELGAUM DIST 591201

City

CHIKODI

District

BELGAUM

State

KARNATAKA





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

IOBA0002850

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.