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

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


IFSC Code

IOBA0001032

MICR Code

571020543

Branch

BOGADI

Contact

282021

Address

SANTHA MAIDANATHATTAKERE PO HONAKEREHOBLINAHAMANGALA TALUK BOGADI PIN 571432

City

BOGADI

District

MANDYA

State

KARNATAKA





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

IOBA0001032

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.