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

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


IFSC Code

IOBA0002262

MICR Code

413020052

Branch

LATUR

Contact

250311

Address

OPP TEHSIL OFFICE MAIN RAOD LATUR 413512

City

LATUR

District

LATUR

State

MAHARASHTRA





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

IOBA0002262

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.