IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in MADHYA PRADESH - GWALIOR - KULAITH - RAIRU

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


IFSC Code

IOBA0002533

MICR Code

474020501

Branch

RAIRU

Contact

2568342

Address

10 11RAMJI MARKETKULAITH ROADNEAR MILAWAI RAILWAY STATIONRAIRUGWALIOR DIST474010

City

KULAITH

District

GWALIOR

State

MADHYA PRADESH





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

IOBA0002533

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.