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

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


IFSC Code

IOBA0002377

MICR Code

847020002

Branch

MADHUBANI

Contact

221025

Address

FIRST FLOORMAIN ROADHOSPITAL ROADMADHUBANIBIHAR 847211

City

MADHUBANI

District

MADHUBANI

State

BIHAR





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

IOBA0002377

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.