IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in MADHYA PRADESH - BALAGHAT - CHARTOLA - CHARTOLA

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


IFSC Code

IOBA0000921

MICR Code

481020501

Branch

CHARTOLA

Contact

259322

Address

HINDUSTAN COPPER LTD COMALANJIKHAND COPPER PROJECTCHARTOLAPIN 481116

City

CHARTOLA

District

BALAGHAT

State

MADHYA PRADESH





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

IOBA0000921

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.