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

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


IFSC Code

IOBA0001231

MICR Code

413020002

Branch

SHOLAPUR

Contact

328168

Address

453 BY 2BHIMRATNA COMPLEX SHOP NO 5 6 AND 7 PETH SOLAPUR PIN 413002

City

SOLAPUR

District

SHOLAPUR

State

MAHARASHTRA





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

IOBA0001231

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.