IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in KARNATAKA - BELGAUM - SALAHALLI - BOODANUR

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


IFSC Code

IOBA0002521

MICR Code

590020501

Branch

BOODANUR

Contact

273040

Address

SITE 1160 BUDNUR VILLAGE BELGAUM DT KARNATAKA

City

SALAHALLI

District

BELGAUM

State

KARNATAKA





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

IOBA0002521

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.