Indian Overseas Bank IFSC Code IOBA0002247

Indian Overseas Bank – KOT KAPURA

IFSC Code: IOBA0002247

MICR Code: 151020152

Branch: KOT KAPURA

Bank: Indian Overseas Bank

Address: SANGAM PALACE FARIDKOT ROAD KOT KAPURA FARIDKOT DIST 151204

District: FARIDKOT

State: PUNJAB

Contact: +911635223204

Indian Financial System Code (IFSC): IOBA0002247

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 002247. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 151020152

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.