IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in KARNATAKA - BELLARY - KARUR - PANCHAMADEVI

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


IFSC Code

IOBA0003070

MICR Code

WAITING

Branch

PANCHAMADEVI

Contact

28584896

Address

14 BY 165SANTHANAKALIPALAYAMNEAR POST OFFICEPANCHAMADEVI POSTKARUR DT639004

City

KARUR

District

BELLARY

State

KARNATAKA





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

IOBA0003070

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.