IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in KARNATAKA - CHAMARAJANAGAR - KOLLEGAL - KOLLEGALA

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


IFSC Code

IOBA0002839

MICR Code

571020452

Branch

KOLLEGALA

Contact

28584896

Address

3338A BASTIPURA MAIN ROAD 7TH WARD BASAVESHWARNAGAR SRINIVASA THEATRE KOLLEGALA 571440

City

KOLLEGAL

District

CHAMARAJANAGAR

State

KARNATAKA





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

IOBA0002839

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.