IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in ODISHA - KHURDA - BHUBANESWAR - BHUBANESHWAR MAIN

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


IFSC Code

IOBA0000159

MICR Code

751020002

Branch

BHUBANESHWAR MAIN

Contact

2534249

Address

121I ST FLOORUNIT III NEW STATION SQUAREBHUBANESHWAR PIN 751001

City

BHUBANESWAR

District

KHURDA

State

ODISHA





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

IOBA0000159

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.