IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in JHARKHAND - RANCHI - RANCHI - RANCHI HINOO

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


IFSC Code

IOBA0002341

MICR Code

834020008

Branch

RANCHI HINOO

Contact

2253279

Address

SHIVANGI COMPLEX OPP EYELEX MAIN ROADHINOO RANCHIJHARKHAND

City

RANCHI

District

RANCHI

State

JHARKHAND





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

IOBA0002341

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.