IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in KARNATAKA - KOLAR - MELUR - THIRUVATHAVUR

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


IFSC Code

IOBA0001005

MICR Code

625020029

Branch

THIRUVATHAVUR

Contact

2424225

Address

2 BY 23 MAIN ROADTHIRUVATHAVOORMELUR TALUK THIRUVATHAVOOR PIN 625110

City

MELUR

District

KOLAR

State

KARNATAKA





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

IOBA0001005

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.