IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in ODISHA - BALESHWAR - KURUDA - KURUDA

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


IFSC Code

IOBA0000983

MICR Code

756020501

Branch

KURUDA

Contact

256070

Address

AT KURUDA CHHACKKURUDAPIN 756056

City

KURUDA

District

BALESHWAR

State

ODISHA





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

IOBA0000983

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.