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Indian Overseas Bank IFSC Code IOBA0002159

Home IFSC CodesIndiaIndian Overseas BankIOBA0002159

Indian Overseas Bank – RAICHUR

IFSC Code: IOBA0002159

MICR Code: 584020002

Branch: RAICHUR

Bank: Indian Overseas Bank

Address: 11 BY 01 BY 103 BHANDARI COMPLEX,LOHARWADI,M.G.ROAD,RAICHUR,PIN 584101

District: RAICHUR

State: KARNATAKA

Contact: +918532250300

Indian Financial System Code (IFSC): IOBA0002159

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 002159. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 584020002

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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