Indian Overseas Bank IFSC Code IOBA0000253

Indian Overseas Bank – KOTTARAM

IFSC Code: IOBA0000253

MICR Code: 629020013

Branch: KOTTARAM

Bank: Indian Overseas Bank

Address: 357 BY 8,9, MISSION COMPOUND, KANYAKUMARI MAIN ROAD, KOTTARAM PIN 629703

District: KANYAKUMARI

State: TAMIL NADU

Contact: 270264

Indian Financial System Code (IFSC): IOBA0000253

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 000253. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 629020013

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.