IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in KARNATAKA - CHITRADURGA - KONDLAHALLI - KONDLAHALLI

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


IFSC Code

IOBA0000311

MICR Code

583020502

Branch

KONDLAHALLI

Contact

868626

Address

NEHRU CIRCLE BUS STAND MOLAKALMURU TK. KONDLAHALLI PIN 577529

City

KONDLAHALLI

District

CHITRADURGA

State

KARNATAKA





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

IOBA0000311

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.