Indian Overseas Bank IFSC Code IOBA0003153

Indian Overseas Bank – PALAVANATHAM

IFSC Code: IOBA0003153

MICR Code: 626020312

Branch: PALAVANATHAM

Bank: Indian Overseas Bank

Address: ANCHAYAT BLDG,THERKKUPATTI,PALAVANATHAM,ARUPPUKKOTTAL TALUK,VIRUDHUNAGAR DIST,TAMIL NADU 626004

District: VIRUDHUNAGAR

State: TAMIL NADU

Contact: +914428584896

Indian Financial System Code (IFSC): IOBA0003153

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 003153. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 626020312

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.