Indian Overseas Bank IFSC Code IOBA0001939

Indian Overseas Bank – NAD JUNCTION

IFSC Code: IOBA0001939

MICR Code: 530020007

Branch: NAD JUNCTION

Bank: Indian Overseas Bank

Address: 58 1 23 BY 1 MARRIPALEM ROAD,GROUND FLOOR NEAR NAD JUNCTION VISAKHAPATNAM PIN 530009

District: VISHAKHAPATNAM

State: ANDHRA PRADESH

Contact: 2701588

Indian Financial System Code (IFSC): IOBA0001939

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 001939. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 530020007

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.