BANK IFSC Code

INDIAN OVERSEAS BANK GARACHARMA Branch  IFSC code: IOBA0003194 and MICR code:WAITING


INDIAN OVERSEAS BANK GARACHARMA  branch IFSC Code IOBA0003194 And MICR Code WAITING

BANK NAME INDIAN OVERSEAS BANK
IFSC CODE IOBA0003194
MICR CODE WAITING
BRANCH NAME GARACHARMA
ADDRESS G R HOUSING SOCIETY P.O-GARACHARMA-SOUTH ANDAMAN ST
CONTACT 28584896
CITY GARACHARAMA
DISTRICT ANDAMAN
STATE ANDAMAN AND NICOBAR ISLAND

INDIAN OVERSEAS BANK  GARACHARMA branch  IFSC Code is IOBA0003194

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What is INDIAN OVERSEAS BANK GARACHARMA branch GARACHARAMA IFSC Code?

INDIAN OVERSEAS BANK GARACHARMA branch IFSC code is IOBA0003194. The full form of IFSC code is Indian Financial System Code.INDIAN OVERSEAS BANK GARACHARMA branch GARACHARAMA IFSC code has 11 digits and it is a collection of number and letters.Ordinarily, The code can be found on the registration given by the INDIAN OVERSEAS BANK GARACHARMA branch GARACHARAMA. we find IFSC code on the first page of our bank passbook and also our bank cheque.IFSC code of bank also finds on RBI website.IFSC code is also found on the INDIAN OVERSEAS BANK website and you can also find IFSC code on ifsccodeofbank.in by a simply select INDIAN OVERSEAS BANK bank,ANDAMAN AND NICOBAR ISLAND state, GARACHARAMAcity, andGARACHARMA branch.

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).

Format for Bank IFSC Code

INDIAN OVERSEAS BANK GARACHARMA branch GARACHARAMA IFSC code has eleven characters mixture of numbers and letters: ( IOBA0003194 ).

  • Initial 4 characters represent bank name.( IOBA0003194 )
  • fifth position of any IFSC code is always defaulted with a '0' (Zero)( IOBA0003194 )
  • And last 6 characer of ifsc code represent INDIAN OVERSEAS BANK GARACHARMA GARACHARAMA branch code ( IOBA0003194 )

What Is INDIAN OVERSEAS BANK GARACHARMA GARACHARAMA MICR Code ?

INDIAN OVERSEAS BANK GARACHARMA branch IFSC code is WAITING.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.

MICR code is a result of very propelled Character Recognition Technology (CRT) utilized by banks to confirm checks for free. MICR innovation is utilized for other bank archives too. A MICR code is set at the base of a check. It incorporates subtle elements such as the bank code, account points of interest, sum, and check number, nearby a control pointer. The greatest preferred standpoint of MICR innovation is that it emerges among comparative ideas, for example, scanner tags, as MICR can be perused and recognized by people effectively.

INDIAN OVERSEAS BANK GARACHARMA branch GARACHARAMA  MICR Code : ( WAITING ).

Difference between IFSC Code & MICR Code

How about we accumulate an unmistakable comprehension of both and figure out how they vary from each other-

IFSC Code

MICR Code

It is utilized to encourage electronic cash exchange between the banks in India. It is utilized to encourage electronic cash exchange between the banks in India.
It is a 11-digit alpha-numeric code. MICR is a 9-digit code.
The initial four characters show the name of the bank. The initial three digits speak to the city code where the bank office is found.
Last 6 digits speak to the bank area Last three digits demonstrate the bank office code.

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