IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in WEST BENGAL - MEDINIPUR - MEDINIPUR - MIDNAPORE

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


IFSC Code

IOBA0000567

MICR Code

721020567

Branch

MIDNAPORE

Contact

275148

Address

GOL KUACHAK GROUND FLOOR MIDNAPORE PIN 721101

City

MEDINIPUR

District

MEDINIPUR

State

WEST BENGAL





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

IOBA0000567

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.