IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in ODISHA - KORAPUT - JEYPORE(K) - BOIPARAGUDA

INDIAN OVERSEAS BANK RTGS HO Branch in JEYPORE(K) - Address, IFSC, MICR Code


IFSC Code

IOBA0000468

MICR Code

764020502

Branch

BOIPARAGUDA

Contact

249424

Address

BOIPARIGUDA PIN 764043

City

JEYPORE(K)

District

KORAPUT

State

ODISHA





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

IOBA0000468

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.