IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in KARNATAKA - DAKSHIN KANNAD - KUPPE PADAVU - PADAVU

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


IFSC Code

IOBA0001572

MICR Code

575020003

Branch

PADAVU

Contact

2340920

Address

PADAVU BEJAI P OMANGALORE PIN575004

City

KUPPE PADAVU

District

DAKSHIN KANNAD

State

KARNATAKA





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

IOBA0001572

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.