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

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


IFSC Code

IOBA0002418

MICR Code

483020002

Branch

MURWARA KATNI

Contact

220151

Address

KATNI WARD NO 5CHANDRASEKHAR AZAD WARDKATNIKATNI DISTRICT PIN 483501 MADHYA PRADESH

City

KATNI MURWARA

District

KATNI

State

MADHYA PRADESH





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

IOBA0002418

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.