IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in HARYANA - BHIWANI - BHIWANI - BHIWANI

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


IFSC Code

IOBA0000325

MICR Code

127020002

Branch

BHIWANI

Contact

242122

Address

GHANTA GHAR CHOWK BHIWANI PIN 125021

City

BHIWANI

District

BHIWANI

State

HARYANA





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

IOBA0000325

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.