Indian Overseas Bank IFSC Code IOBA0001247

Indian Overseas Bank – CUTTACK JOBRA

IFSC Code: IOBA0001247

MICR Code: 753020003

Branch: CUTTACK JOBRA

Bank: Indian Overseas Bank

Address: PL 131 A VIKAS SADAN JOBRA POST COLLEGE SQUARE CUTTACK PIN 753003

District: CUTTACK

State: ODISHA

Contact: 2548032

Indian Financial System Code (IFSC): IOBA0001247

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 001247. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 753020003

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.