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

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


IFSC Code

IOBA0002854

MICR Code

582020002

Branch

GADAG

Contact

28584896

Address

TONTADARYA COMPLEXTONTADARYA MATH ROADDIST GADAGKARNATAKA 582101

City

GADAG

District

GADAG

State

KARNATAKA





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

IOBA0002854

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.