IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in MAHARASHTRA - AHMADNAGAR - AKOLA - AKOLA

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


IFSC Code

IOBA0002232

MICR Code

444020002

Branch

AKOLA

Contact

2591322

Address

TAHKURDAS HEIGHTSOPP.MSEB OFFICERATANLAL PLOTDURGA CHOWKAKOLAPIN 444001

City

AKOLA

District

AHMADNAGAR

State

MAHARASHTRA





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

IOBA0002232

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.