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

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


IFSC Code

IOBA0002227

MICR Code

841020202

Branch

SIWAN

Contact

221238

Address

STATION ROADWARD NO. 16BABUNIA MORESIWANBIHARPIN 841 226

City

SIWAN

District

SIWAN

State

BIHAR





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

IOBA0002227

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.