Indian Overseas Bank IFSC Code IOBA0000579

Indian Overseas Bank – MALLEPALLY

IFSC Code: IOBA0000579

MICR Code: 689020402

Branch: MALLEPALLY

Bank: Indian Overseas Bank

Address: VINNERS CHAMBER, ASSARIPARAMBIL BUILDING, MALLEPALLY PIN 689585

District: PATHANAMTHITTA

State: KERALA

Contact: 2783115

Indian Financial System Code (IFSC): IOBA0000579

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 000579. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 689020402

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.