IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in ASSAM - DIBRUGARH - BARBARUAH - MADHUPUR

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


IFSC Code

IOBA0001235

MICR Code

786020003

Branch

MADHUPUR

Contact

2865796

Address

ABOVE SUMAN HOTELBORBARUAH BAZARBORBARUAHPIN 786007

City

BARBARUAH

District

DIBRUGARH

State

ASSAM





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

IOBA0001235

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.