IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in JHARKHAND - BOKARO - DHANBAD - DHANBAD

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


IFSC Code

IOBA0000593

MICR Code

826020002

Branch

DHANBAD

Contact

2305634

Address

BANK MORE KATRAS ROAD DHANBAD 826001

City

DHANBAD

District

BOKARO

State

JHARKHAND





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

IOBA0000593

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.