IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in KARNATAKA - GADAG - GADAG - GAJENDRAGARH

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


IFSC Code

IOBA0002650

MICR Code

582020501

Branch

GAJENDRAGARH

Contact

28584896

Address

RAIBAGI BUILDING DOUBLE ROAD GAJEMNDRAGAD 528114

City

GADAG

District

GADAG

State

KARNATAKA





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

IOBA0002650

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.