IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in BIHAR - BEGUSARAI - MOHANPUR - SAMASTIPUR

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


IFSC Code

IOBA0001567

MICR Code

848020002

Branch

SAMASTIPUR

Contact

24762933

Address

RAJARAM BUILDING SABITA T V SMOHANPUR ROAD SAMASTIPUR PIN 848101

City

MOHANPUR

District

BEGUSARAI

State

BIHAR





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

IOBA0001567

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.