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

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


IFSC Code

IOBA0002192

MICR Code

854020102

Branch

PURNIA

Contact

242754

Address

MADHUBANI BAZAR SAHARSHA ROAD PURNIA PIN 854301 DIST PURNIA

City

PURNIA

District

PURNISA

State

BIHAR





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

IOBA0002192

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.