IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in UTTAR PRADESH - RAI BARELI - RAE BARELI - RAE BAREILLY

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


IFSC Code

IOBA0001255

MICR Code

229020002

Branch

RAE BAREILLY

Contact

2203229

Address

MADHUBAN SHOPPING COMPLEX MALIK MAU ROAD RAE BAREILLY 229001

City

RAE BARELI

District

RAI BARELI

State

UTTAR PRADESH





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

IOBA0001255

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.