IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in ODISHA - GANJAM - ASKA - JAHADA

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


IFSC Code

IOBA0000986

MICR Code

761020508

Branch

JAHADA

Contact

268136

Address

AT PO JAHADAVIA DHARAKOTEJAHADAPIN 761107

City

ASKA

District

GANJAM

State

ODISHA





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

IOBA0000986

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.