IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in MAHARASHTRA - JALGAON - NANDED - NANDED

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


IFSC Code

IOBA0002240

MICR Code

431020102

Branch

NANDED

Contact

2230001

Address

300 SAALAN SHOPPING COMPLEX NAGINA GHAT ROAD NANDED MAHARASHTRA 432601

City

NANDED

District

JALGAON

State

MAHARASHTRA





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

IOBA0002240

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.