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Indian Overseas Bank IFSC Code IOBA0001006

HomeIFSC CodesIndian Overseas BankIOBA0001006

Indian Overseas Bank – KORAPUT

IFSC Code: IOBA0001006

MICR Code: 764020002

Branch: KORAPUT

Bank: Indian Overseas Bank

Address: 86 BY 812,1ST FLOOR,MALLA COMPLEX,POST OFFICE RD,KORAPUT 764020

District: KORAPUT

State: ODISHA

Contact: +916852250358

Indian Financial System Code (IFSC): IOBA0001006

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 001006. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 764020002

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.

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