Indian Overseas Bank – RANCHI HINOO
IFSC Code: IOBA0002341
MICR Code: 834020008
Branch: RANCHI HINOO
Bank: Indian Overseas Bank
Address: SHIVANGI COMPLEX OPP EYELEX MAIN ROAD,HINOO RANCHI,JHARKHAND
District: RANCHI
State: JHARKHAND
Contact: 2253279
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Indian Overseas Bank RANCHI HINOO
Indian Financial System Code (IFSC): IOBA0002341
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 002341. The last six characters denote the specific bank branch.
MICR Code (Magnetic Ink Character Recognition): 834020008
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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