IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in MAHARASHTRA - GREATER BOMBAY - MUMBAI - DELISLE ROAD

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


IFSC Code

IOBA0000388

MICR Code

400020027

Branch

DELISLE ROAD

Contact

23083310

Address

316 PRAGATI INDL.ESTATE COMPOUND NM JOSHI MARG MUMBAI - 400011

City

MUMBAI

District

GREATER BOMBAY

State

MAHARASHTRA





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

IOBA0000388

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.