Indian Overseas Bank IFSC Code IOBA0001129

Indian Overseas Bank – ALLADA

IFSC Code: IOBA0001129

MICR Code: 532020602

Branch: ALLADA

Bank: Indian Overseas Bank

Address: ALLADA VILLAGE AND PANCHAYAT KOTABOMMALI THANA JALUMOORU MANDAL ALLADA PIN 532425

District: SRIKAKULAM

State: ANDHRA PRADESH

Contact: 274241

Indian Financial System Code (IFSC): IOBA0001129

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 001129. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 532020602

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.