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

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


IFSC Code

IOBA0002468

MICR Code

575020008

Branch

SURATHKAL

Contact

2011090

Address

VIARD COMPLED SURATHKALMANGALORE

City

MANGALORE

District

DAKSHIN KANNAD

State

KARNATAKA





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

IOBA0002468

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.