IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in DELHI - NEW DELHI - DELHI - RAJOURI GARDEN

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


IFSC Code

IOBA0000193

MICR Code

110020012

Branch

RAJOURI GARDEN

Contact

25105131

Address

A6 RAJOURI GARDEN NEW DELHI - 110027

City

DELHI

District

NEW DELHI

State

DELHI





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

IOBA0000193

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.