Indian Overseas Bank IFSC Code IOBA0002535

Indian Overseas Bank – CHIKHLI

IFSC Code: IOBA0002535

MICR Code: 443020501

Branch: CHIKHLI

Bank: Indian Overseas Bank

Address: JANKI COMPLEX,NEAR RAJA TOWER,WARD NO 14,CHIKLI,BULDHANA DIST,MAHRASHTRA 443201

District: BULDHANA

State: MAHARASHTRA

Contact: +917264245130

Indian Financial System Code (IFSC): IOBA0002535

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 002535. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 443020501

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.