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

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


IFSC Code

IOBA0002598

MICR Code

411020022

Branch

MID CORPORATE

Contact

28584896

Address

915OR2 ARYABHUSAN BHAVAN FERGUSSON COLLEGE ROAD DECCAN GYMKHANAPUNE 411004

City

PUNE

District

PUNE

State

MAHARASHTRA





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

IOBA0002598

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.