IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in PUNJAB - LUDHIANA - LUDHIANA - R O LUDHIANA

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


IFSC Code

IOBA0002013

MICR Code

NA

Branch

R O LUDHIANA

Contact

28584896

Address

POST BOX NO 410 DOOR NO 550 BY 1FOUNTAIN CHOWK COLLEGE RD CIVIL LINES LUDHIANA PIN CODE 141001

City

LUDHIANA

District

LUDHIANA

State

PUNJAB





What is IFSC Code of INDIAN OVERSEAS BANK situated at R O LUDHIANA- RTGS-HO?
IFSC Code of INDIAN OVERSEAS BANK situated at R O LUDHIANA - RTGS-HO is

IOBA0002013

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.