IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in WEST BENGAL - KOLKATA - KOLKATA - KOLKATASECTOR V SALT LAKE

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


IFSC Code

IOBA0001642

MICR Code

700020049

Branch

KOLKATASECTOR V SALT LAKE

Contact

22412525

Address

GN 34 BY 2 SECTOR V IIEM CAMPUS NEAR AURORA STUDIO SALT LAKE KOLKATA PIN 700091

City

KOLKATA

District

KOLKATA

State

WEST BENGAL





What is IFSC Code of INDIAN OVERSEAS BANK situated at KOLKATASECTOR V SALT LAKE- RTGS-HO?
IFSC Code of INDIAN OVERSEAS BANK situated at KOLKATASECTOR V SALT LAKE - RTGS-HO is

IOBA0001642

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.