IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in ODISHA - NAYAGARH - KHANDAPARA - PUANIA

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


IFSC Code

IOBA0002664

MICR Code

752020512

Branch

PUANIA

Contact

28584896

Address

KHANDAPADA ROAD KHALISAHI PO NAYAGARH 752077

City

KHANDAPARA

District

NAYAGARH

State

ODISHA





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

IOBA0002664

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.