IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in KARNATAKA - KOLAR - CHIKBALLAPUR - GAURIBIDANUR

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


IFSC Code

IOBA0003432

MICR Code

WAITING

Branch

GAURIBIDANUR

Contact

28584896

Address

2937 BY BWARD NO 8B H ROADGOWRIBIDANURCHIKKABAL LAPURA DISTKARNATAKA 561208

City

CHIKBALLAPUR

District

KOLAR

State

KARNATAKA





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

IOBA0003432

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.