IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in CHANDIGARH - RAIGARH - RAIGARH - SACB SARAIPALI

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


IFSC Code

IOBA0003094

MICR Code

WAITING

Branch

SACB SARAIPALI

Contact

28584896

Address

BASTI SARAIPALI CHOWK POSARAIPALI

City

RAIGARH

District

RAIGARH

State

CHANDIGARH





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

IOBA0003094

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.