Indian Overseas Bank IFSC Code IOBA0002109

Indian Overseas Bank – GUNTURARUNDEL PET

IFSC Code: IOBA0002109

MICR Code: 520020106

Branch: GUNTURARUNDEL PET

Bank: Indian Overseas Bank

Address: 6 19 49, SRI MATTUPALLI COMPLEX, ARUNDELPET MAIN ROAD, GUNTUR PIN 522007

District: GUNTUR

State: ANDHRA PRADESH

Contact: 26462149

Indian Financial System Code (IFSC): IOBA0002109

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 002109. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 520020106

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.