IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in WEST BENGAL - HUGLI - SERAMPORE - BARATAJPUR

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


IFSC Code

IOBA0001187

MICR Code

700020047

Branch

BARATAJPUR

Contact

223102

Address

BARA TAJPUR VILLAGE AND VIA BEGUMPUR BARATAJPUR PIN 712306

City

SERAMPORE

District

HUGLI

State

WEST BENGAL





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

IOBA0001187

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.