IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in ODISHA - CUTTACK - KANTOL - KANTOL

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


IFSC Code

IOBA0001095

MICR Code

754020503

Branch

KANTOL

Contact

220268

Address

VILLAGE KANTOL ATHGARH PO KANTOL PIN 754029

City

KANTOL

District

CUTTACK

State

ODISHA





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

IOBA0001095

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.