Indian Overseas Bank IFSC Code IOBA0002568

Indian Overseas Bank – ALANAHALLI

IFSC Code: IOBA0002568

MICR Code: 570020010

Branch: ALANAHALLI

Bank: Indian Overseas Bank

Address: SITE NO 1 SYNO 6BY3 ALANAHALL HOBLI GIRIDARSHINI LAYOUT T NARASIPURA ROAD MYSORE 570028

District: MYSORE

State: KARNATAKA

Contact: +914428584896

Indian Financial System Code (IFSC): IOBA0002568

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 002568. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 570020010

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.