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

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


IFSC Code

IOBA0000636

MICR Code

761020501

Branch

BEGUNIAPADA

Contact

260437

Address

AT POBEGUNIAPADA BEGUNIAPADA PIN 761031

City

BEGUNIAPADA

District

GANJAM

State

ODISHA





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

IOBA0000636

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.