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

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


IFSC Code

IOBA0002855

MICR Code

583020302

Branch

GANGAVATHI

Contact

28584896

Address

C.B.S GANJGANGAVATHI DIST KOPPALKARNATAKA 583227

City

GANGAVATHI

District

KOPPAL

State

KARNATAKA





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

IOBA0002855

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.