Indian Overseas Bank IFSC Code, MICR Code, Address, Contact Number for the Davorlim Dikarpale Branch in Goa

Indian Overseas Bank Davorlim Dikarpale Branch is situated in South Goa, Goa

IFSC Code for Indian Overseas Bank Davorlim Dikarpale Branch, South Goa

IOBA0003060
  • Bank Name: Indian Overseas Bank
  • Bank Old IFSC Code: NA
  • Bank New IFSC Code: IOBA0003060
  • Bank MICR Code: 403020024
  • Bank Address:
    3,Royal Plaza,Main Road,Near Panchayat,Davorlim South Goa 403707
  • Bank Branch: Davorlim Dikarpale
  • Bank District: South Goa
  • Bank State: Goa
  • Bank City: Margao

About IFSC Codes in India

IFSC stands for Indian Financial System Code. It is a unique 11-digit alphanumeric code assigned to each bank branch in India by the Reserve Bank of India (RBI). It is used for electronic funds transfer using NEFT, RTGS, and IMPS.

Components of IFSC Code:

  • First four characters: Bank code
  • Fifth character: Always 0
  • Last six characters: Branch identifier

About MICR Codes

MICR stands for Magnetic Ink Character Recognition and is printed on cheques to streamline processing.

  • First three digits: City code
  • Next three digits: Bank code
  • Last three digits: Branch code