Indian Overseas Bank IFSC Code IOBA0001211

Indian Overseas Bank – SOMASIPADI

IFSC Code: IOBA0001211

MICR Code: 606020008

Branch: SOMASIPADI

Bank: Indian Overseas Bank

Address: 1 BY 40 MAIN ROAD SOMASIPADI PIN 606611

District: TIRUVANNAMALAI

State: TAMIL NADU

Contact: 249203

Indian Financial System Code (IFSC): IOBA0001211

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 001211. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 606020008

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.