IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in CHANDIGARH - KORIYA - NAGPUR - FRIENDS COLONY NAGPUR

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


IFSC Code

IOBA0002422

MICR Code

440020007

Branch

FRIENDS COLONY NAGPUR

Contact

2570066

Address

PLOT NO 62 66K T NAGAR FRIENDS COLONYKATOL ROAD NAGPURPINCODE 440013

City

NAGPUR

District

KORIYA

State

CHANDIGARH





What is IFSC Code of INDIAN OVERSEAS BANK situated at FRIENDS COLONY NAGPUR- RTGS-HO?
IFSC Code of INDIAN OVERSEAS BANK situated at FRIENDS COLONY NAGPUR - RTGS-HO is

IOBA0002422

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.