IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in JHARKHAND - LOHARDAGGA - LOHARDAGA - LOHARDAGA

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


IFSC Code

IOBA0002553

MICR Code

835020002

Branch

LOHARDAGA

Contact

222107

Address

MM MARKET RANA CHOWKLOHARDAGA DISTLOHARDAGA835302

City

LOHARDAGA

District

LOHARDAGGA

State

JHARKHAND





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

IOBA0002553

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.