Indian Overseas Bank IFSC Code IOBA0001879

Indian Overseas Bank – GACHIBOWLI

IFSC Code: IOBA0001879

MICR Code: 500020035

Branch: GACHIBOWLI

Bank: Indian Overseas Bank

Address: MOUNLANA AZAD, NATIONAL URDU UNIVERSITY CAMPUS, GACHIBOWLI, HYDERABAD 500032

District: HYDERABAD

State: ANDHRA PRADESH

Contact: 23003883

Indian Financial System Code (IFSC): IOBA0001879

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 001879. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 500020035

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.