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

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


IFSC Code

IOBA0001947

MICR Code

415020001

Branch

SATARA

Contact

237778

Address

PLATINA HEIGHTSGROUND FLOOR S NO 287KARANJIRADHIKA ROAD SATARA PIN 415002

City

SATARA

District

SATARA

State

MAHARASHTRA





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

IOBA0001947

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.