Indian Overseas Bank IFSC Code IOBA0002265

Indian Overseas Bank – RAIKOT

IFSC Code: IOBA0002265

MICR Code: 141020302

Branch: RAIKOT

Bank: Indian Overseas Bank

Address: NEAR LIFE CARE HOSPITAL LUDHIANA ROAD RAIKOT PIN 141109,DIST LUDHIANA

District: LUDHIANA

State: PUNJAB

Contact: 265011

Indian Financial System Code (IFSC): IOBA0002265

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 002265. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 141020302

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.