Indian Overseas Bank IFSC Code IOBA0000070

Indian Overseas Bank – PONDICHERRY

IFSC Code: IOBA0000070

MICR Code: 605020002

Branch: PONDICHERRY

Bank: Indian Overseas Bank

Address: 250, RAJENDRA BLDGS. JAWAHARLAL NEHRU STREET, PONDICHERRY

District: PONDICHERRY

State: PUDUCHERRY

Contact: +914132227030

Indian Financial System Code (IFSC): IOBA0000070

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 000070. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 605020002

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.