IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in BIHAR - PATNA - PATNA - PATNA SHASTRI NAGAR

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


IFSC Code

IOBA0001512

MICR Code

800020004

Branch

PATNA SHASTRI NAGAR

Contact

2281811

Address

BELTRON BHAVANSHASTRI NAGAR PATNAPIN 800023

City

PATNA

District

PATNA

State

BIHAR





What is IFSC Code of INDIAN OVERSEAS BANK situated at PATNA SHASTRI NAGAR- RTGS-HO?
IFSC Code of INDIAN OVERSEAS BANK situated at PATNA SHASTRI NAGAR - RTGS-HO is

IOBA0001512

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.