IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in MAHARASHTRA - KOLHAPUR - KADAYAM - SHIVAJIPETH

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


IFSC Code

IOBA0001735

MICR Code

416020003

Branch

SHIVAJIPETH

Contact

27662519

Address

17471 BY AB NEW MAHADWAR ROAD SHIVAJIPETH KOLHAPUR PIN 416012

City

KADAYAM

District

KOLHAPUR

State

MAHARASHTRA





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

IOBA0001735

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.