IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in JHARKHAND - PASCHIMI SINGHBHUM - JAMSHEDPUR - SAKCHI

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


IFSC Code

IOBA0002459

MICR Code

831020005

Branch

SAKCHI

Contact

2230215

Address

FIRST FLOOR66 PENNER ROADSAKCHIJAMSHEDPURJHARKHAND

City

JAMSHEDPUR

District

PASCHIMI SINGHBHUM

State

JHARKHAND





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

IOBA0002459

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.