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

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


IFSC Code

IOBA0001194

MICR Code

752020511

Branch

KANAS

Contact

240048

Address

KANASPIN 752017

City

KANAS

District

PURI

State

ODISHA





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

IOBA0001194

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.