IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in MAHARASHTRA - THANE - DOMBIVLI - DOMBIVILI EAST

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


IFSC Code

IOBA0000885

MICR Code

400020030

Branch

DOMBIVILI EAST

Contact

2861378

Address

PATIL BHAVAN DR RATH OPP DOMBIVILLI RLY STATION DOMBIVILI EAST PIN 421201

City

DOMBIVLI

District

THANE

State

MAHARASHTRA





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

IOBA0000885

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.