IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in UTTAR PRADESH - MEERUT - RACHHOTI - RACHHOTI

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


IFSC Code

IOBA0000985

MICR Code

250020006

Branch

RACHHOTI

Contact

257437

Address

VIL AND P OHASSANPURKALAN GARH ROAD RACHHOTI PIN 250106

City

RACHHOTI

District

MEERUT

State

UTTAR PRADESH





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

IOBA0000985

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.