Indian Overseas Bank IFSC Code IOBA0001416

Indian Overseas Bank – HARIPAD

IFSC Code: IOBA0001416

MICR Code: 690020002

Branch: HARIPAD

Bank: Indian Overseas Bank

Address: I FLOOR PRASANTHI SHOPPING,COMPLEX,TOWN HALL JUNCTION,HARIPAD,PIN 690514

District: ALAPUZHA

State: KERALA

Contact: 2412949

Indian Financial System Code (IFSC): IOBA0001416

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 001416. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 690020002

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.