IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in CHANDIGARH - CHANDIGARH - MANI MAJRA - MANI MAJRA CHANDIGARH

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


IFSC Code

IOBA0002388

MICR Code

160020019

Branch

MANI MAJRA CHANDIGARH

Contact

28584896

Address

SCF 16MOTOR MARKET MANI MAJRA CHANDIGARH PINCODE 160101

City

MANI MAJRA

District

CHANDIGARH

State

CHANDIGARH





What is IFSC Code of INDIAN OVERSEAS BANK situated at MANI MAJRA CHANDIGARH- RTGS-HO?
IFSC Code of INDIAN OVERSEAS BANK situated at MANI MAJRA CHANDIGARH - RTGS-HO is

IOBA0002388

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.