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

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


IFSC Code

IOBA0000596

MICR Code

400020037

Branch

VASHI

Contact

7823530

Address

PL 4 BY 4 SECTOR 5 NEAR ESI HOSPITAL VASHI - 400705

City

MUMBAI

District

GREATER MUMBAI

State

MAHARASHTRA





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

IOBA0000596

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.