Indian Overseas Bank IFSC Code IOBA0001848

Indian Overseas Bank – CHANDIGARH

IFSC Code: IOBA0001848

MICR Code: 160020013

Branch: CHANDIGARH

Bank: Indian Overseas Bank

Address: PAIC,BUILDING,PLOT,NO,2,SECTOR,28A,MADHYA,MARG,CHANDIGARH,PIN,160002

District: CHANDIGARH

State: CHANDIGARH

Contact: 2532574

Indian Financial System Code (IFSC): IOBA0001848

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 001848. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 160020013

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.