BANK IFSC Code

INDIAN OVERSEAS BANK GANGTOK Branch  IFSC code: IOBA0001624 and MICR code:737020001

INDIAN OVERSEAS BANK GANGTOK  IFSC Code IOBA0001624 And MICR Code 737020001

BANK NAME INDIAN OVERSEAS BANK
IFSC CODE IOBA0001624
MICR CODE 737020001
BRANCH NAME GANGTOK
ADDRESS ARCADE- KAZI ROAD- GANGTOK- SIKKIM PIN 737101
CONTACT 2551662
CITY GANGTOK
DISTRICT EAST SIKKIM
STATE SIKKIM

INDIAN OVERSEAS BANK Branch GANGTOK branch  IFSC Code is IOBA0001624

What is INDIAN OVERSEAS BANK GANGTOK GANGTOK  IFSC Code?

IFSC is an acronym for Indian Financial System Code.INDIAN OVERSEAS BANK GANGTOK GANGTOK IFSC code is an interesting eleven-digit number which is a mix of letters in order and numerals. It is utilized to exchange stores online for NEFT, IMPS and RTGS exchanges. Ordinarily, the IFSC code can be found on the registration given by the INDIAN OVERSEAS BANK GANGTOK GANGTOK. It can likewise be found on the first page of the accountholder's passbook. The IFSC code of each bank office is appointed by the Reserve Bank of India. The account holders can without much of a stretch check the IFSC code of their bank/office on the Reserve Bank of India's site. Web keeping money exchanges for exchanging reserves, utilizing NEFT, IMPS, and RTGS, can't be started without a legitimate Indian Financial System Code.

Format for Bank IFSC Code

INDIAN OVERSEAS BANK GANGTOK branch GANGTOK  IFSC Code comprises of 11 Characters: ( IOBA0001624 ).

  • Initial 4 characters represent bank name.( IOBA0001624 )
  • Fifth position has been defaulted with a '0' (Zero) for sometime later ( IOBA0001624 )
  • Last 6 character means the INDIAN OVERSEAS BANK GANGTOK GANGTOK branch code ( IOBA0001624 )

What Is INDIAN OVERSEAS BANK GANGTOK GANGTOK MICR Code?

MICR is an acronym for Magnetic Ink Character Recognition. Principally, this inventive innovation confirms the lawfulness and believability of paper-based document(s) in the managing an account database. It can be found on checks. MICR is at standard with IFSC to the extent the security of a reserve exchange is concerned.

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 GANGTOK branch GANGTOK  MICR Code : ( 737020001 ).

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.
IFSC Code 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.

HOME | CONTACT US | ABOUT US

Copyright © 2018 ifsccodeofbank.in.

Disclaimer: - We have attempted our best to keep the most recent data refreshed as accessible from RBI, clients are asked for to affirm data with the individual bank before utilizing the data gave. The creator saves the privilege not to be in charge of the topicality, accuracy, fulfillment or nature of the data gave. Obligation claims with respect to harm caused by the utilization of any data gave, including any sort of data which is inadequate or off base, will in this manner be rejected.

W3C HTML|W3C CSS

Facebook