Indian Overseas Bank DEOLI

Indian Overseas Bank – DEOLI

IFSC Code: IOBA0002371

MICR Code: 304020201

Branch: DEOLI

Bank: Indian Overseas Bank

Address: NO 1 BEHND PEERBABA,NEAR GOVT HIGHER SEC SCHOOL,PATEL NAGAR,DEOLI,DIST TONK 304804

District: TONK

State: RAJASTHAN

Contact: +911434230022

Indian Financial System Code (IFSC): IOBA0002371

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 002371. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 304020201

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.