IOBA0001776 IFSC Code, INDIAN OVERSEAS BANK, KOLKATA NEW MARKET

IFSC Code of Indian Overseas Bank, Kolkata New Market, West Bengal IFSC CODE & MICR CODE

INDIAN OVERSEAS BANK, KOLKATA NEW MARKET - IOBA0001776

  • Bank name: INDIAN OVERSEAS BANK

Bank Address: 48 Market Street Kolkata Pin 700087

  • IFSC Code ioba0001776
  • Bank Code IOBA
  • Bank name INDIAN OVERSEAS BANK
  • Bank contact number 22950322
  • Bank branch KOLKATA NEW MARKET
  • Bank ISO3166 Code IN-WB
  • Bank Center KOLKATA
  • MICR Code 700020057
  • State name WEST BENGAL
  • District name KOLKATA
  • City name KOLKATA
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for INDIAN OVERSEAS BANK, KOLKATA NEW MARKET branch is IOBA0001776, ensures that your transactions are directed to the correct branch.

How to Use IOBA0001776 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the KOLKATA NEW MARKET branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.