IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in CHANDIGARH - RAIPUR - KHARORA - KESLA

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


IFSC Code

IOBA0002971

MICR Code

492020503

Branch

KESLA

Contact

28584896

Address

BALODA BAZAR MAIN ROADNEAR PRAKASH CLOTH MARKETP.O.KESLARAIPUR493225 RAIPUR CHATTISGARH

City

KHARORA

District

RAIPUR

State

CHANDIGARH





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

IOBA0002971

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.