Indian Overseas Bank IFSC Code IOBA0003070

Indian Overseas Bank – PANCHAMADEVI

IFSC Code: IOBA0003070

MICR Code: 639020020

Branch: PANCHAMADEVI

Bank: Indian Overseas Bank

Address: 14 BY 165,SANTHANAKALIPALAYAM,NEAR POST OFFICE,PANCHAMADEVI POST,KARUR DT,639004

District: KARUR

State: TAMIL NADU

Contact: +914324222252

Indian Financial System Code (IFSC): IOBA0003070

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 003070. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 639020020

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.