Indian Overseas Bank RISHINAGAR

Indian Overseas Bank – RISHINAGAR

IFSC Code: IOBA0001898

MICR Code: 141020013

Branch: RISHINAGAR

Bank: Indian Overseas Bank

Address: SCO 51,RISHI NAGAR SHOPPING COMPLEX,RISHI NAGAR,LUDHIANA,PIN 141001

District: LUDHIANA

State: PUNJAB

Contact: 2301746

Indian Financial System Code (IFSC): IOBA0001898

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 001898. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 141020013

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.