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

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


IFSC Code

IOBA0000153

MICR Code

411020002

Branch

PUNE

Contact

24455726

Address

23 MAHALAKSHMI CHAMBERS BUDHWAR PETH APPA BALWANT CHOWK PUNE- 411002

City

PUNE

District

PUNE

State

MAHARASHTRA





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

IOBA0000153

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.