Indian Overseas Bank IFSC Code IOBA0001524

Indian Overseas Bank – BILEKAHALLI

IFSC Code: IOBA0001524

MICR Code: 560020019

Branch: BILEKAHALLI

Bank: Indian Overseas Bank

Address: SITE 9,BANNERGHATTA RD,BILEKAHALLI,BANGALORE

District: BANGALORE URBAN

State: KARNATAKA

Contact: 26481231

Indian Financial System Code (IFSC): IOBA0001524

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 001524. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 560020019

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.