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

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


IFSC Code

IOBA0000483

MICR Code

765020503

Branch

PADMAPUR

Contact

266138

Address

P.O. PADMAPUR PADMAPUR PIN 765025

City

PADMAPUR

District

BHADRAK

State

ODISHA





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

IOBA0000483

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.