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

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


IFSC Code

IOBA0003449

MICR Code

WAITING

Branch

RAGHUNATHPUR

Contact

2290405

Address

NH5 NEAR SANKATA TARINI RICE MILL RAGHUNATHPUR 760007

City

BRAHMAPUR

District

GANJAM

State

ODISHA





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

IOBA0003449

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.