IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in UTTARAKHAND - DEHRA DUN - RISHIKESH - BHANIAWALA

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


IFSC Code

IOBA0002503

MICR Code

248020502

Branch

BHANIAWALA

Contact

2412988

Address

ASHIRWAD BHAVANDURGA CHOWKDEHRADUN RISHIKESH ROADUTTRAKHAND 248140

City

RISHIKESH

District

DEHRA DUN

State

UTTARAKHAND





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

IOBA0002503

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.