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

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


IFSC Code

IOBA0001694

MICR Code

411020008

Branch

NIGDI

Contact

2236740

Address

SECTOR 26PRADHIKARAN NIGADIPUNE PIN 411044

City

NIGDI

District

PUNE

State

MAHARASHTRA





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

IOBA0001694

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.