Indian Overseas Bank IFSC Code IOBA0002777

Indian Overseas Bank – ARCOT TOWN

IFSC Code: IOBA0002777

MICR Code: 632020107

Branch: ARCOT TOWN

Bank: Indian Overseas Bank

Address: 29 BY 27 NEW VELLORE MAIN ROAD ARCOT PIN 632503 DIST VELLORE

District: VELLORE

State: TAMIL NADU

Contact: +914428584896

Indian Financial System Code (IFSC): IOBA0002777

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 002777. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 632020107

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.