Indian Overseas Bank IFSC Code IOBA0000218

Indian Overseas Bank – VARANDRAPALLI

IFSC Code: IOBA0000218

MICR Code: 680020005

Branch: VARANDRAPALLI

Bank: Indian Overseas Bank

Address: 18 BY 846 THOMSON CENTRE VARANDRAPALLY PIN 680303

District: THRISSUR

State: KERALA

Contact: +914802760147

Indian Financial System Code (IFSC): IOBA0000218

The IFSC is an 11-character alphanumeric code used to identify bank branches in India for electronic payment systems such as RTGS, NEFT, IMPS, and CFMS (managed by the Reserve Bank of India).

• The first four characters represent the bank name.
• The fifth character is always ‘0’ and is reserved for future use.
• Branch Code 000218. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 680020005

The MICR code is a unique code printed on cheques using magnetic ink. It helps in the secure and faster processing and clearance of cheques by identifying the bank and branch.