Indian Overseas Bank IFSC Code IOBA0002897

Indian Overseas Bank – BANGALORE LARGE CORPORATE

IFSC Code: IOBA0002897

MICR Code: 560020047

Branch: BANGALORE LARGE CORPORATE

Bank: Indian Overseas Bank

Address: NO 7 SRI SAILAM 1ST FLOOR 1ST MAIN ROAD GANDHI NAGAR BANGALORE 560009

District: BANGALORE

State: KARNATAKA

Contact: +918022950250

Indian Financial System Code (IFSC): IOBA0002897

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 002897. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 560020047

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.