IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in ODISHA - KENDRAPARA - CHANDANNAGAR - CHANDER NAGAR

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


IFSC Code

IOBA0000649

MICR Code

700020040

Branch

CHANDER NAGAR

Contact

26836172

Address

URDI BAZAAR PO CHANDER NAGAR CHANDER NAGAR PIN 712136

City

CHANDANNAGAR

District

KENDRAPARA

State

ODISHA





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

IOBA0000649

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.