IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in ODISHA - KALAHANDI - BHAWANIPATNA - BHAWANIPATNA

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


IFSC Code

IOBA0000707

MICR Code

766020002

Branch

BHAWANIPATNA

Contact

230781

Address

MANIKESWARI CHOWKBHAWANIPATNAPIN 766001

City

BHAWANIPATNA

District

KALAHANDI

State

ODISHA





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

IOBA0000707

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.