IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in MAHARASHTRA - NAGPUR - NAGPUR - KATOL

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


IFSC Code

IOBA0003552

MICR Code

NA

Branch

KATOL

Contact

2441477

Address

3NEHRU BAZARNEAR JAIN MANDIRCITY KATOLDIST NAGPURSTATE MAHARASHTRA 441302

City

NAGPUR

District

NAGPUR

State

MAHARASHTRA





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

IOBA0003552

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.