IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in RAJASTHAN - BHILWARA - BHILWARA - BHILWARA

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


IFSC Code

IOBA0001487

MICR Code

311020002

Branch

BHILWARA

Contact

232810

Address

32 NAGORI GARDEN BHILWARA PIN 311001

City

BHILWARA

District

BHILWARA

State

RAJASTHAN





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

IOBA0001487

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.