Latest details of Ifsc: Ioba0000447
INDIAN OVERSEAS BANK
Branch name : SOLA
Contact Information
Address: 13, SARVANANDA COOP HOUSING SOC LTD, SOLA VILLAGE, DASKROI TK PIN 382481
Contact number: 27712595
IFSC code can be used for RTGS, IMPS and NEFT transactions
Last six characters of IFSC Code make a Branch code.
IFSC Code
Indian Financial System Code (IFSC) is an 11-character code used for electronic payments through RTGS, NEFT, and IMPS. The code structure:
- • First 4 characters: Bank identifier
- • 5th character: Reserved (0)
- • Last 6 characters: Branch code
MICR Code
MICR (Magnetic Ink Character Recognition) code is printed on cheques to facilitate automated processing. This code helps identify the bank and branch during cheque clearing processes.
These codes are essential for secure and accurate electronic fund transfers within the Indian banking system.
