IFSC Code | IOBA0000408 |
Bank | INDIAN OVERSEAS BANK |
Address | PALIKA BHAVAN, 1ST FLOOR, SECTOR 13, R.K.PURAM, NEW DELHI - PIN 110 066 |
District | DELHI |
State | NEW DELHI |
Branch | R K PURAM |
Phone Number | + 0 0 |
Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI).
Code has eleven characters "Alpha Numeric" in nature.
First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.
Here in this IFSC code IOBA0000408 where bank char is IOBA and branch is 000408.
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.