Indian Overseas Bank IFSC Code IOBA0000704

Indian Overseas Bank – PATHARGATTI

IFSC Code: IOBA0000704

MICR Code: 500020012

Branch: PATHARGATTI

Bank: Indian Overseas Bank

Address: 22 7 269 274,SALARJUNG MARG,PATHARGATTI,HYD

District: HYDERABAD

State: ANDHRA PRADESH

Contact: 23468825

Indian Financial System Code (IFSC): IOBA0000704

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 000704. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 500020012

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.