IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in MADHYA PRADESH - UJJAIN - UJJAIN - UJJAIN DEVELOPMENT AUTHORITY

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


IFSC Code

IOBA0001550

MICR Code

456020003

Branch

UJJAIN DEVELOPMENT AUTHORITY

Contact

2724482

Address

BHARATPURI ADMN.COMPLEXDEVAS RDUJJAIN 456010

City

UJJAIN

District

UJJAIN

State

MADHYA PRADESH





What is IFSC Code of INDIAN OVERSEAS BANK situated at UJJAIN DEVELOPMENT AUTHORITY- RTGS-HO?
IFSC Code of INDIAN OVERSEAS BANK situated at UJJAIN DEVELOPMENT AUTHORITY - RTGS-HO is

IOBA0001550

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.