IFSC code: IOBA0001265 and MICR code: 744020001 INDIAN OVERSEAS BANK PORT BLAIR

BANK NAME INDIAN OVERSEAS BANK
IFSC CODE IOBA0001265
MICR CODE 744020001
BRANCH NAME PORT BLAIR
ADDRESS DELANIPUR JUNCTION-PO HADDO PORT BLAIR PIN 744102
CONTACT 230289
CITY PORT BLAIR
DISTRICT ANDAMAN
STATE ANDAMAN AND NICOBAR ISLAND

IFSC code: IOBA0001265 and MICR code: 744020001 INDIAN OVERSEAS BANK PORT BLAIR

What is IFSC Code?

The full form of IFSC code is Indian Financial System Code.IFSC code has 11 digits and it is a collection of number and letters.we find IFSC code on the first page of our bank passbook and also our bank cheque.

Where we use IFSC code?

we use IFSC code for transfer money online it means wire transfer like NEFT, IMPS, or RTGS etc.ex. if you want to give money to your friend without going to a bank you can transfer it by using IFSC code of your friend bank account. every bank's branches have there owned IFSC code and its give by RBI(Reserve Bank of India).every bank's branches have there owned IFSC code and its give by RBI(Reserve Bank of India).

The format for bank IFSC code

744020001 is a INDIAN OVERSEAS BANK PORT BLAIR branch PORT BLAIR IFSC Code ( IOBA0001265 ).

  • Initial 4 characters speak to the substance INDIAN OVERSEAS BANK bank name.( IOBA 0001265 )
  • fifth position of any IFSC code is always defaulted with a '0' (Zero) ( IOBA0001265 )
  • And last 6 characer of ifsc code represent INDIAN OVERSEAS BANK PORT BLAIR branch code ( IOBA0001265 )

What Is a MICR Code?

MICR code means Magnetic Ink Character Recognition.MICR code use for bank cheques clearance.it uses to verify cheques for clearance in a secure and faster way. MICR code works like a barcode but it is better than bar code because it can be read by humans.

744020001 is a INDIAN OVERSEAS BANK PORT BLAIR branch PORT BLAIR MICR Code ( 744020001 ).



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