IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in ASSAM - BARPETA - NAGAON - NAGAON

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


IFSC Code

IOBA0001291

MICR Code

782020102

Branch

NAGAON

Contact

2230558

Address

MAULANA AZAD ROAD BARRA BAZAR NAGAON 782001

City

NAGAON

District

BARPETA

State

ASSAM





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

IOBA0001291

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.