Indian Overseas Bank IFSC Code, MICR Code, Address, Contact Number for the Verla Canca Branch in Maharashtra
Indian Overseas Bank Verla Canca Branch is situated in Sindhudurg, Maharashtra
IFSC Code for Indian Overseas Bank Verla Canca Branch, Sindhudurg
IOBA0002514
- Bank Name: Indian Overseas Bank
- Bank Old IFSC Code: NA
- Bank New IFSC Code: IOBA0002514
- Bank MICR Code: 403020018
- Bank Address: Trimurti Bhavan,Mapuca Calangute Road,Canc A Parra Post Office,Verla Canca Panchayat,Bardez,Dist.Nor
- Bank Branch: Verla Canca
- Bank District: Sindhudurg
- Bank State: Maharashtra
- Bank City: Sawantwadi
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