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

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


IFSC Code

IOBA0002396

MICR Code

769020004

Branch

PANPOSH

Contact

2481011

Address

NEAR BSNL CHOWKHOUSE NO GM 13KALINGA BIHARPANPOSHDT SUNDERGARH ORISSAPIN 769015

City

PANPOSH

District

SUNDARGARH

State

ODISHA





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

IOBA0002396

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.