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

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


IFSC Code

IOBA0002841

MICR Code

572020003

Branch

BELAGUMBA

Contact

28584896

Address

SY NO114BY5 SITE NOC 2 NEAR URDIGERE MAIN ROADBELAGUMBA TUMKUR DIST 572104

City

TUMKUR

District

TUMKUR

State

KARNATAKA





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

IOBA0002841

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.