Indian Overseas Bank IFSC Code IOBA0001083

Indian Overseas Bank – EAST MADA STREET

IFSC Code: IOBA0001083

MICR Code: 600020057

Branch: EAST MADA STREET

Bank: Indian Overseas Bank

Address: 38, EAST MADA STREET, MYLAPORE, CHENNAI 600004

District: CHENNAI

State: TAMIL NADU

Contact: 24640520

Indian Financial System Code (IFSC): IOBA0001083

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 001083. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 600020057

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.