IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in ODISHA - CUTTACK - KANPUR - SWAROOP NAGAR

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


IFSC Code

IOBA0000686

MICR Code

208020003

Branch

SWAROOP NAGAR

Contact

2210455

Address

112 BY 351SWAROOP NAGARKANPUR

City

KANPUR

District

CUTTACK

State

ODISHA





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

IOBA0000686

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.