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

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


IFSC Code

IOBA0003319

MICR Code

400020078

Branch

PAREL

Contact

28584896

Address

GR FLOOR TRUST HOUSE35AVENUE RDDR E BORGES ROADPARELMUMBAI 400012 MAHARASTRA

City

MUMBAI

District

GREATER BOMBAY

State

MAHARASHTRA





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

IOBA0003319

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.