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

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


IFSC Code

IOBA0003717

MICR Code

WAITING

Branch

NAGPUR SADAR

Contact

2533305

Address

670 GADDI GODAM KAMPTEE ROAD NH 7 SADAR NAGPUR 440001

City

NAGPUR

District

NAGPUR

State

MAHARASHTRA





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

IOBA0003717

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.