IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in PUNJAB - RUPNAGAR - SASNAGAR MOHALI - MOHALI

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


IFSC Code

IOBA0002143

MICR Code

160020011

Branch

MOHALI

Contact

2210777

Address

SCF NO 1 PHASE XI SECTOR 65 MOHALI PIN 16062

City

SASNAGAR MOHALI

District

RUPNAGAR

State

PUNJAB





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

IOBA0002143

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.