IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in UTTAR PRADESH - BARABANKI - RANIGANJ - RANIGUNJ

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


IFSC Code

IOBA0000532

MICR Code

713020302

Branch

RANIGUNJ

Contact

2444049

Address

20 CHITTARANJAN ROAD RANIGUNJ 713347

City

RANIGANJ

District

BARABANKI

State

UTTAR PRADESH





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

IOBA0000532

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.