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IFSC Code of INDIAN OVERSEAS BANK ITOLA ITOLA Branch

IFSC Code IOBA0000701
(Used for RTGS and NEFT transactions)
MICR Code 391020502
Bank INDIAN OVERSEAS BANK
Address ITOLA ROAD ITOLA BARODA PIN 391240
City VADODARA
District ITOLA
State GUJARAT
Branch ITOLA
Phone Number 2830056
Address ITOLA ROAD ITOLA BARODA PIN 391240
What is IFSC Code ?

The Indian Financial System Code (IFSC Code) is an alphanumeric code that uniquely identifies a bank-branch participating in the two main Electronic Funds Settlement Systems in India: the Real Time Gross Settlement (RTGS) and the National Electronic Funds Transfer (NEFT) Systems.

IFSC Code Results

IFSC Code of INDIAN OVERSEAS BANK - ITOLA branch is IOBA0000701, MICR CODE: 391020502 City : VADODARA, District ITOLA, State: GUJARAT Address : ITOLA ROAD ITOLA BARODA PIN 391240, Phone Number: 2830056

What is MICR Code ?

Magnetic Ink Character Recognition Code (MICR Code) is a character-recognition technology used mainly by the banking industry to ease the processing and clearance of cheques and other documents.

What is SWIFT Code ?

ISO 9362 (also known as SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) defines a standard format of Business Identifier Codes approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions.

What is RTGS ?

Real-time gross settlement systems (RTGS) are specialist funds transfer systems where transfer of money or securities takes place from one bank to another on a "real time" and on "gross" basis. Settlement in "real time" means payment transaction is not subjected to any waiting period.

IFSC Code Results

IFSC Code of INDIAN OVERSEAS BANK - ITOLA branch is IOBA0000701, MICR CODE: 391020502 City : VADODARA, District ITOLA, State: GUJARAT Address : ITOLA ROAD ITOLA BARODA PIN 391240, Phone Number: 2830056

what is NEFT ?

Neft stands for National Electronic Funds Transfer and is a payment system which facilitates one-to-one funds transfer. Like RTGS, Neft also transfers funds from one bank, but unlike RTGS the settlement takes place in batches (that may include transfers from various individuals) rather than individually.