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

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


IFSC Code

IOBA0001637

MICR Code

152020402

Branch

MUKTSAR

Contact

2429116

Address

SHOP 11 AND 12 NEW GRAIN MARKET MUKTSAR152026

City

MUKTSAR

District

MUKTSAR

State

PUNJAB





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

IOBA0001637

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.