Indian Overseas Bank IFSC Code IOBA0003388

Indian Overseas Bank – BHORING

IFSC Code: IOBA0003388

MICR Code: 493020503

Branch: BHORING

Bank: Indian Overseas Bank

Address: MAIN ROAD NEAR BUS STAND,BHORING MAHASAMUND PIN 493445,CHHATTISGARH

District: MAHASAMUND

State: CHHATTISGARH

Contact: +917712583913

Indian Financial System Code (IFSC): IOBA0003388

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 003388. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 493020503

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.