Indian Overseas Bank IFSC Code IOBA0000724

Indian Overseas Bank – TUMKUR

IFSC Code: IOBA0000724

MICR Code: 572020002

Branch: TUMKUR

Bank: Indian Overseas Bank

Address: 393 A BY 321 OPP DIST HOSPITAL 3RD CROSS BH ROAD GANDHINAGAR TUMKUR PIN 572101

District: TUMKUR

State: KARNATAKA

Contact: 2252353

Indian Financial System Code (IFSC): IOBA0000724

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 000724. The last six characters denote the specific bank branch.

MICR Code (Magnetic Ink Character Recognition): 572020002

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.