IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in PUNJAB - PATIALA - PATIALA - URBAN ESTATE PATIALA

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


IFSC Code

IOBA0002389

MICR Code

147020003

Branch

URBAN ESTATE PATIALA

Contact

28584896

Address

SCF 123 CURBAN ESTATE PHASE II PATIALA PUNJAB STATE PINCODE 147001

City

PATIALA

District

PATIALA

State

PUNJAB





What is IFSC Code of INDIAN OVERSEAS BANK situated at URBAN ESTATE PATIALA- RTGS-HO?
IFSC Code of INDIAN OVERSEAS BANK situated at URBAN ESTATE PATIALA - RTGS-HO is

IOBA0002389

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.