IOBA0002418 IFSC Code, INDIAN OVERSEAS BANK, MURWARA KATNI

IFSC Code of Indian Overseas Bank, Murwara Katni, Madhya Pradesh IFSC CODE & MICR CODE

INDIAN OVERSEAS BANK, MURWARA KATNI - IOBA0002418

  • Bank name: INDIAN OVERSEAS BANK

Bank Address: Katni Ward No 5,chandrasekhar Azad Ward,katni,katni District Pin 483501 Madhya Pradesh

  • IFSC Code ioba0002418
  • Bank Code IOBA
  • Bank name INDIAN OVERSEAS BANK
  • Bank contact number 220151
  • Bank branch MURWARA KATNI
  • Bank ISO3166 Code IN-MP
  • Bank Center KATNI
  • MICR Code 483020002
  • State name MADHYA PRADESH
  • District name KATNI
  • City name KATNI MURWARA
  • 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, MURWARA KATNI branch is IOBA0002418, ensures that your transactions are directed to the correct branch.

How to Use IOBA0002418 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 MURWARA KATNI 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.