IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in ASSAM - CACHAR - SILCHAR - SILCHAR

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


IFSC Code

IOBA0001460

MICR Code

788020002

Branch

SILCHAR

Contact

2220476

Address

NETAJI SUBHASH AVENUE HAILAKANDI ROAD SILCHAR PIN 788005

City

SILCHAR

District

CACHAR

State

ASSAM





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

IOBA0001460

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.