Indian Overseas Bank IFSC Code IOBA0001583

Indian Overseas Bank – KRISHNANAGAR

IFSC Code: IOBA0001583

MICR Code: 741020102

Branch: KRISHNANAGAR

Bank: Indian Overseas Bank

Address: 16 BY 1 D L ROY ROAD, BOWBAZAR, KRISHNA NAGAR PO

District: NADIA

State: WEST BENGAL

Contact: +913472251054

Indian Financial System Code (IFSC): IOBA0001583

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 001583. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 741020102

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.