IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in MEGHALAYA - EAST KHASI HILLS - SHILLONG - SHILLONG

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


IFSC Code

IOBA0000541

MICR Code

793020002

Branch

SHILLONG

Contact

2223060

Address

MORELLO BUILDING EUROPIAN WARD SHILLONG PIN 793001

City

SHILLONG

District

EAST KHASI HILLS

State

MEGHALAYA





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

IOBA0000541

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.