Indian Overseas Bank IFSC Code, MICR Code, Address, Contact Number for the Satwari Chowk Jammu Branch in Jammu And Kashmir
Indian Overseas Bank Satwari Chowk Jammu Branch is situated in Jammu, Jammu And Kashmir
IFSC Code for Indian Overseas Bank Satwari Chowk Jammu Branch, Jammu
IOBA0001958
- Bank Name: Indian Overseas Bank
- Bank Old IFSC Code: NA
- Bank New IFSC Code: IOBA0001958
- Bank MICR Code: 180020003
- Bank Address: Satwari Jammu Cantonment Pin 180003
- Bank Branch: Satwari Chowk Jammu
- Bank District: Jammu
- Bank State: Jammu And Kashmir
- Bank City: Jammu
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