Indian Overseas Bank IFSC Code IOBA0001598

Indian Overseas Bank – PITAMPURA

IFSC Code: IOBA0001598

MICR Code: 110020062

Branch: PITAMPURA

Bank: Indian Overseas Bank

Address: B 161,1 FLOOR,LOK VIHAR,PITAMPURA,DELHI

District: NEW DELHI

State: DELHI

Contact: 226347

Indian Financial System Code (IFSC): IOBA0001598

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 001598. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 110020062

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.