IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in RAJASTHAN - AJMER - AJMER - ALWAR GATE

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


IFSC Code

IOBA0001668

MICR Code

305020003

Branch

ALWAR GATE

Contact

246489

Address

STPAUL HSSCAMPUSALWAR GATEAJMERPIN 305001

City

AJMER

District

AJMER

State

RAJASTHAN





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

IOBA0001668

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.