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

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


IFSC Code

IOBA0003188

MICR Code

485020001

Branch

SATNA

Contact

28584896

Address

KHASRA NO 252SATNA BUILDINGREWA ROADSATNA 485001

City

SATNA

District

SATNA

State

MADHYA PRADESH





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

IOBA0003188

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.