IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in WEST BENGAL - KOLKATA - KOLKATA - DHARAMTOLLA ST

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


IFSC Code

IOBA0000586

MICR Code

700020023

Branch

DHARAMTOLLA ST

Contact

22372239

Address

141 BY 1A LENIN SARANI DHARAMTOLLA STREETKOLKATA

City

KOLKATA

District

KOLKATA

State

WEST BENGAL





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

IOBA0000586

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.