IFSC Code, MICR Codes for INDIAN OVERSEAS BANK in WEST BENGAL - SOUTH 24 PARGANAS - BARUIPUR - BARUIPUR

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


IFSC Code

IOBA0001950

MICR Code

700020061

Branch

BARUIPUR

Contact

24230429

Address

PADMAPUKUR MORESALEPURBARUIPUR PO BARUIPUR PIN 700144

City

BARUIPUR

District

SOUTH 24 PARGANAS

State

WEST BENGAL





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

IOBA0001950

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.