IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in BIHAR - AURANGABAD - AURANGABAD - AURANGABAD

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


IFSC Code

IOBA0000709

MICR Code

431020003

Branch

AURANGABAD

Contact

2331634

Address

LUCKY RAJ MANSION OPP ST FRANCIS SCHOOL JALANA ROAD AURANGABAD PIN 431001

City

AURANGABAD

District

AURANGABAD

State

BIHAR





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

IOBA0000709

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.