Indian Overseas Bank IFSC Code IOBA0002341

Indian Overseas Bank – RANCHI HINOO

IFSC Code: IOBA0002341

MICR Code: 834020008

Branch: RANCHI HINOO

Bank: Indian Overseas Bank

Address: SHIVANGI COMPLEX OPP EYELEX MAIN ROAD,HINOO RANCHI,JHARKHAND

District: RANCHI

State: JHARKHAND

Contact: 2253279

Indian Financial System Code (IFSC): IOBA0002341

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 002341. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 834020008

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.