Indian Overseas Bank IFSC Code, MICR Code, Address, Contact Number for the Murwara Katni Branch in Madhya Pradesh
Indian Overseas Bank Murwara Katni Branch is situated in Katni, Madhya Pradesh
IFSC Code for Indian Overseas Bank Murwara Katni Branch, Katni
IOBA0002418
- Bank Name: Indian Overseas Bank
- Bank Old IFSC Code: NA
- Bank New IFSC Code: IOBA0002418
- Bank MICR Code: 483020002
- Bank Address: Katni Ward No 5,Chandrasekhar Azad Ward,Katni,Katni District Pin 483501 Madhya Pradesh
- Bank Branch: Murwara Katni
- Bank District: Katni
- Bank State: Madhya Pradesh
- Bank City: Katni Murwara
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