IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in ANDHRA PRADESH - ADILABAD - JAIPUR - MALVIA NAGAR

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


IFSC Code

IOBA0001549

MICR Code

302020006

Branch

MALVIA NAGAR

Contact

28519760

Address

D 672MALVIYA NAGARJAIPUR

City

JAIPUR

District

ADILABAD

State

ANDHRA PRADESH





What is IFSC Code of INDIAN OVERSEAS BANK situated at MALVIA NAGAR- RTGS-HO?
IFSC Code of INDIAN OVERSEAS BANK situated at MALVIA NAGAR - RTGS-HO is

IOBA0001549

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.