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

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


IFSC Code

IOBA0002111

MICR Code

148020112

Branch

MALERKOTLA

Contact

27891916

Address

STADIUM ROAD NEAR BUS STAND MALERKOTLA PIN 148023

City

MALERKOTLA

District

SANGRUR

State

PUNJAB





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

IOBA0002111

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.