Indian Overseas Bank IFSC Code IOBA0002396

Indian Overseas Bank – PANPOSH

IFSC Code: IOBA0002396

MICR Code: 769020004

Branch: PANPOSH

Bank: Indian Overseas Bank

Address: NEAR BSNL CHOWK,HOUSE NO GM 13,KALINGA BIHAR,PANPOSH,DT SUNDERGARH ORISSA,PIN 769015

District: SUNDARGARH

State: ODISHA

Contact: 2481011

Indian Financial System Code (IFSC): IOBA0002396

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 002396. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 769020004

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.