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

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


IFSC Code

IOBA0002186

MICR Code

400020069

Branch

BANDUP

Contact

21663026

Address

UPPER GROUND FLOOR DREAMS THE MALLLBS MRGBHANDUP MUMBAI PIN 400078 DIST MUMBAI

City

MUMBAI

District

GREATER BOMBAY

State

MAHARASHTRA





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

IOBA0002186

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.