IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in KARNATAKA - CHIKMAGALUR - SRINGERI - SRINGERI

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


IFSC Code

IOBA0002500

MICR Code

577020523

Branch

SRINGERI

Contact

28584896

Address

A NO 82 BY 87BHARATHI STREET SHRINGERI

City

SRINGERI

District

CHIKMAGALUR

State

KARNATAKA





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

IOBA0002500

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.