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

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


IFSC Code

IOBA0001591

MICR Code

263020202

Branch

RUDRAPUR

Contact

2541498

Address

I FLOOR SGAD SHOPPING COMPLEX NAINITAL ROAD RUDRAPUR

City

RUDRAPUR

District

MADHUBANI

State

BIHAR





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

IOBA0001591

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.