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

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


IFSC Code

IOBA0001993

MICR Code

411020020

Branch

BANER ROAD

Contact

25889640

Address

S.NO 134KIRLOSKAR BANGLOWBANER ROADPUNE 411007

City

PUNE

District

PUNE

State

MAHARASHTRA





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

IOBA0001993

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.