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

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


IFSC Code

IOBA0000756

MICR Code

400020036

Branch

CHAKALA

Contact

28329137

Address

PL 1 OMEX CORNER CHAKALA ANDHERI WEST MUMBAI - 400099

City

MUMBAI

District

GREATER BOMBAY

State

MAHARASHTRA





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

IOBA0000756

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.