Indian Overseas Bank IFSC Code, MICR Code, Address, Contact Number for the Pal Surat Branch in Gujarat
Indian Overseas Bank Pal Surat Branch is situated in Surat, Gujarat
IFSC Code for Indian Overseas Bank Pal Surat Branch, Surat
IOBA0003017
- Bank Name: Indian Overseas Bank
- Bank Old IFSC Code: NA
- Bank New IFSC Code: IOBA0003017
- Bank MICR Code: 390020009
- Bank Address: 3 And 4 Galaxi Imperial L P Savani Road Near Cng Petrol Pubp Pal Canal Road Surat 395009
- Bank Branch: Pal Surat
- Bank District: Surat
- Bank State: Gujarat
- Bank City: Surat
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