IOBA0002420 IFSC Code, INDIAN OVERSEAS BANK, SHIVPURI

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

INDIAN OVERSEAS BANK, SHIVPURI - IOBA0002420

  • Bank name: INDIAN OVERSEAS BANK

Bank Address: Ram Arcade Jhansi Tiraha A B Road,shivpuri Shivpuri District,pin 473551 Madhya Pradesh State

  • IFSC Code ioba0002420
  • Bank Code IOBA
  • Bank name INDIAN OVERSEAS BANK
  • Bank contact number 222006
  • Bank branch SHIVPURI
  • Bank ISO3166 Code IN-MP
  • Bank Center CHHINDWARA
  • MICR Code 473020051
  • State name MADHYA PRADESH
  • District name CHHINDWARA
  • City name SHIVPURI
  • 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, SHIVPURI branch is IOBA0002420, ensures that your transactions are directed to the correct branch.

How to Use IOBA0002420 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 SHIVPURI 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.