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

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


IFSC Code

IOBA0002228

MICR Code

322020075

Branch

KARAULI

Contact

228493

Address

AJAY NIWASGULAB BAGHKARAULIPIN 322241

City

KARAULI

District

KARAULI

State

RAJASTHAN





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

IOBA0002228

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.