IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in MAHARASHTRA - BHANDARA - BHANDARA - BELA

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


IFSC Code

IOBA0003175

MICR Code

WAITING

Branch

BELA

Contact

28584896

Address

PLOT 58RAJIV NAGARBELABHANDARA TKBHANDARA DIST 441906

City

BHANDARA

District

BHANDARA

State

MAHARASHTRA





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

IOBA0003175

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.