Indian Overseas Bank IFSC Code, MICR Code, Address, Contact Number for the Rajnandgaon Raipur Branch in Chandigarh
Indian Overseas Bank Rajnandgaon Raipur Branch is situated in Rajnandgaon, Chandigarh
IFSC Code for Indian Overseas Bank Rajnandgaon Raipur Branch, Rajnandgaon
IOBA0002960
- Bank Name: Indian Overseas Bank
- Bank Old IFSC Code: NA
- Bank New IFSC Code: IOBA0002960
- Bank MICR Code: 491020101
- Bank Address: Old Ganj Lan,Rajnandgaon,Chattisgarh,491441
- Bank Branch: Rajnandgaon Raipur
- Bank District: Rajnandgaon
- Bank State: Chandigarh
- Bank City: Rajnandgaon
About IFSC Codes in India
IFSC stands for Indian Financial System Code. It is a unique 11-digit alphanumeric code assigned to each bank branch in India by the Reserve Bank of India (RBI). It is used for electronic funds transfer using NEFT, RTGS, and IMPS.
Components of IFSC Code:
- First four characters: Bank code
- Fifth character: Always 0
- Last six characters: Branch identifier
About MICR Codes
MICR stands for Magnetic Ink Character Recognition and is printed on cheques to streamline processing.
- First three digits: City code
- Next three digits: Bank code
- Last three digits: Branch code