IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in PUNJAB - JALANDHAR - ADAMPUR - ADAMPUR DOABA

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


IFSC Code

IOBA0000516

MICR Code

144020812

Branch

ADAMPUR DOABA

Contact

2753362

Address

PUNJAB KHADI MANDAL BU ADAMPUR DOABA PIN 144102

City

ADAMPUR

District

JALANDHAR

State

PUNJAB





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

IOBA0000516

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.