IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in ODISHA - BHADRAK - NALANGA - NALANGA

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


IFSC Code

IOBA0000964

MICR Code

756020504

Branch

NALANGA

Contact

268050

Address

NALANGA VILLAGE AND POBHADRAKNALANGAPIN 756100

City

NALANGA

District

BHADRAK

State

ODISHA





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

IOBA0000964

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.