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

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


IFSC Code

IOBA0000589

MICR Code

482020001

Branch

JABALPUR

Contact

2410016

Address

282930 RUSSEL CROSSING NAPIER ROAD JABALPUR PIN 482002

City

JABALPUR

District

JABALPUR

State

MADHYA PRADESH





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

IOBA0000589

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.