IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in PUNJAB - NAWANSHAHR - NAWANSHAHAR - BARNALA KALAN

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


IFSC Code

IOBA0003088

MICR Code

WAITING

Branch

BARNALA KALAN

Contact

28584896

Address

BARBHA ROADDISTT SBS NAGARPUNJAB 144516

City

NAWANSHAHAR

District

NAWANSHAHR

State

PUNJAB





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

IOBA0003088

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.