Indian Overseas Bank (IOB) Kharar Branch IFSC Code IOBA0002170 Details

What is IFSC Code of Indian Overseas Bank (IOB) Kharar Branch in Mohali, Punjab ?
The Indian Financial System Code (IFSC) is an alphanumeric code that uniquely identifies a Bank-Branch participating in National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) Electronic Funds Settlement Systems in India. IFSC Code of IOB Bank is provided by RBI. It is identifies branch which participate in online fund transfers. It is a unique code for branch. IOB Bank IFSC Code consists of 11 Characters:
(ex. AAAA00654321)
• First 4 characters represent the entity (AAAAxxxxxxx)
• Fifth position has been defaulted with a '0' (Zero) for future use (xxxx0xxxxxx)
• Last 6 character denotes the branch identity (xxxxx654321)
Indian Overseas Bank (IOB) Kharar Branch IFSC Code IOBA0002170 & MICR 160020014 Punjab State Mohali District. Kharar Branch Address is SCF NO. 6 NEAR. SHIVALIK CITY CENTRE GATE, LANDRA ROAD, KHARAR, PIN : 140301 Contact No 160-2285023 IOB Bank Kharar Branch email id [email protected] IOB Bank Customer care email ATM [email protected], Internet banking email id : [email protected] , Credit Card : [email protected], Customer care phone number 1800 425 4445.
How to use IOB Bank Kharar Branch SWIFT, BIC Code in Mohali, Punjab
Bank Identifier Code (BIC), SWIFT codes and Routing Code are basically the same. Indian Overseas Bank (IOB) SWIFT Code Bank used to Transfer fund to International banks branches. SWIFT, BIC Code Bank is provided the broadest coverage of national bank identifiers. BIC/SWIFT Code is identifying Bank Country branches. BIC Code is unique for each branch. These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks.
MICR code for Indian Overseas Bank (IOB) Kharar Branch is 160020014. This MICR code 160020014 is used to get bank account details of customer for cheque clearance.
What is MICR No of Indian Overseas Bank (IOB) Kharar Branch in Mohali, Punjab and how is it used by a bank?
Magnetic ink character recognition (MICR) code can be seen on bottom of cheque leaf. Indian Overseas Bank (IOB) Kharar MICR No is 160020014 used by bank to process clearing of cheques and other operations. This code is printed by special ink and information can be read by using specific readers. MICR code give information about bank code and account details of account holder etc. MICR code is made up of nine digits in which first 3 digits show name of city, Next 3 digits shows code of bank and last 3 digits shows name of branch of bank. MICR codes are for secure transaction.
IOB Bank Kharar branch IFSC Code is IOBA0002170. It is also available at bottom of cheque. This code IOBA0002170 is helpful to know KHARAR branch details of the IOB Bank when we made online transaction of fund through NEFT,RTGS,mobile banking, bill payments, Credit card payment, online booking etc.