IFSC Code, MICR Codes for INDIAN BANK in ODISHA - CUTTAK - OLATPUR - OLATPUR

INDIAN BANK RTGS HO Branch in OLATPUR - Address, IFSC, MICR Code


IFSC Code

IDIB000O006

MICR Code

754019008

Branch

OLATPUR

Contact

0

Address

OLATPUR BAIROI POST 754010

City

OLATPUR

District

CUTTAK

State

ODISHA





What is IFSC Code of INDIAN BANK situated at OLATPUR- RTGS-HO?
IFSC Code of INDIAN BANK situated at OLATPUR - RTGS-HO is

IDIB000O006

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.