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

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


IFSC Code

IOBA0001105

MICR Code

721020901

Branch

CHAULKHOLA

Contact

234227

Address

MAIN ROADBEHIND ISLAMPUR HIGH SCHOOLCHAULKHOLAPIN 721455

City

CHAULKHOLA

District

PURBA MEDINIPUR

State

WEST BENGAL





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

IOBA0001105

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.