Indian Overseas Bank has 4 branches in Dausa like Mahwa , Lalsot , Dausa , . Please select a branch from the list below to get the location, contact details, IFSC code, MICR code.

IFSC Codes of Indian Overseas Bank in Dausa

Branch Name Branch Address IFSC Code MICR Code Bank City District State
Mahwa Opp. Police Station, Jaipur - Agra Road, Mahwa, Dausa IOBA0002540 NON MICR Indian Overseas Bank Mahwa Dausa Rajasthan
Lalsot Purohit Para, Lalsot, Dausa IOBA0002541 NON MICR Indian Overseas Bank Lalsot Dausa Rajasthan
Dausa Plot No 1-2-3, National Highway 11 Jaipur Agra Road, Dausa
Pincode – 303303, Rajasthan State
IOBA0002432 NON MICR Indian Overseas Bank Dausa Dausa Rajasthan
Bandikui Pwd Tiraha, Pujari Katla,Bandikui, Pin 303 313.Dausa,
Rajasthan
IOBA0002607 NON MICR Indian Overseas Bank Bandikui Dausa Rajasthan

What is IFSC code of a bank?

Full form of IFSC code is Indian Financial System Code.
When you want to make a payment to an account you would need to mention an IFSC code along with the account number. IFSC code is used to identify a branch of a bank. An account number along with an IFSC code is used uniquely identify an account. This combination can be then used to make online fund transfer through NEFT or RTGS.
On the other hand, NEFT transactions generally take upto 2 hours to settle.

What is the use of MICR code?

MICR stands for Magnetic Ink Character Recognition. It appears on your cheque just after your cheque number. It is used to identify a particular branch of a bank in a city. It is a nine digit number of which first 3 digits stand for city, next 3 for bank and last 3 for branch.
The MICR code is used for clearing the cheques. A machine can read MICR code and quickly identify the exact branch where the account of the cheque issuers is held.

What is the time of Neft?

National Electronic Funds Transfer is used for transferring the funds online. The system is available from 8 in the morning till 7 in the evening and 1 in the afternoon. Any NEFT requests not cleared on a day are rolled over to the next day and cleared on next working day. If you want to transfer funds instantly use RTGS or IMPS instead. You can also use online wallets.