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Indian Overseas Bank IFSC Code IOBA0002241

HomeIFSC CodesIndian Overseas BankIOBA0002241

Indian Overseas Bank – SAMROLI

IFSC Code: IOBA0002241

MICR Code: 396020501

Branch: SAMROLI

Bank: Indian Overseas Bank

Address: DEVARSHI APARTMENT SAMROLI P.O CHIKHLI DIST.NAVSARI 396521

District: SURAT

State: GUJARAT

Contact: +912634231266

Indian Financial System Code (IFSC): IOBA0002241

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 002241. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 396020501

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.

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