IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in PUNJAB - HOSHIARPUR - HOSHIARPUR - HOSHIARPUR

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


IFSC Code

IOBA0000510

MICR Code

146020002

Branch

HOSHIARPUR

Contact

255011

Address

MADAN BUILDING PHAGWARA ROAD HOSHIARPUR PIN 146001

City

HOSHIARPUR

District

HOSHIARPUR

State

PUNJAB





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

IOBA0000510

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.