Indian Overseas Bank IFSC Code IOBA0000269

Indian Overseas Bank – PALODE

IFSC Code: IOBA0000269

MICR Code: 695020809

Branch: PALODE

Bank: Indian Overseas Bank

Address: RAJESH,BLD,OPP,KSRTC,BUS,STATION,PASCHA,PO,PALODE,PIN,695562

District: THIRUVANANTHAPURAM

State: KERALA

Contact: +914722840227

Indian Financial System Code (IFSC): IOBA0000269

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 000269. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 695020809

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.