Indian Overseas Bank IFSC Code IOBA0002872

Indian Overseas Bank – REWA

IFSC Code: IOBA0002872

MICR Code: 486020001

Branch: REWA

Bank: Indian Overseas Bank

Address: NH 7,NEAR NEW BUS STAND,BESIDES ADITYA HOTEL,REWA M.P.486001

District: REWA

State: MADHYA PRADESH

Contact: +914428584896

Indian Financial System Code (IFSC): IOBA0002872

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 002872. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 486020001

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.