IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in ODISHA - RAYAGADA - BISSAMCUTTACK - BISSAM CUTTACK

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


IFSC Code

IOBA0000453

MICR Code

765020505

Branch

BISSAM CUTTACK

Contact

247551

Address

RAYAGADA ROADBISSAM CUTTACKCUTTACKPIN 765019

City

BISSAMCUTTACK

District

RAYAGADA

State

ODISHA





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

IOBA0000453

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.