Indian Overseas Bank IFSC Code IOBA0001233

Indian Overseas Bank – ROYAPELLE

IFSC Code: IOBA0001233

MICR Code: 533020682

Branch: ROYAPELLE

Bank: Indian Overseas Bank

Address: 1 BY 73 A NEAR POLICE STATION ADDATEEGALA,RAYAPALLI PIN 533428

District: EAST GODAVARI

State: ANDHRA PRADESH

Contact: +918865272208

Indian Financial System Code (IFSC): IOBA0001233

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 001233. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 533020682

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.