IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in KARNATAKA - DAKSHIN KANNAD - MANGALORE - DAREBAIL

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


IFSC Code

IOBA0001769

MICR Code

575020005

Branch

DAREBAIL

Contact

260289

Address

LAND LINKS TOWNSHIPDEREBAIL KONCHADIMANGALOREPIN 575008

City

MANGALORE

District

DAKSHIN KANNAD

State

KARNATAKA





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

IOBA0001769

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.