IFSC Code | IOBA0001011 |
Bank | INDIAN OVERSEAS BANK |
Address | 369 BY 2A BY A 298A MAIN ROAD,PAPANASAM HIGH ROAD,AMBASAMUDRAM PIN 627401 |
District | AMBASAMUDRAM |
State | TAMIL NADU |
Branch | AMBASAMUDRAM |
Phone Number | + 4634 250451 |
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 IOBA0001011 where bank char is IOBA and branch is 001011.
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.