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

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


IFSC Code

IOBA0001006

MICR Code

764020002

Branch

KORAPUT

Contact

250358

Address

86 BY 8121ST FLOORMALLA COMPLEXPOST OFFICE RDKORAPUT 764020

City

KORAPUT

District

KORAPUT

State

ODISHA





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

IOBA0001006

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.