Latest details of Ifsc: Ioba0001637

INDIAN OVERSEAS BANK

Branch name : MUKTSAR

Contact Information

Address: SHOP 11 AND 12, NEW GRAIN MARKET, MUKTSAR152026

Contact number: 2429116

Bank Details

IFSC Code: IOBA0001637

City: MUKTSAR

District: MUKTSAR

State: PUNJAB

IFSC code can be used for RTGS, IMPS and NEFT transactions

Last six characters of IFSC Code make a Branch code.

IFSC Code

Indian Financial System Code (IFSC) is an 11-character code used for electronic payments through RTGS, NEFT, and IMPS. The code structure:

  • • First 4 characters: Bank identifier
  • • 5th character: Reserved (0)
  • • Last 6 characters: Branch code

MICR Code

MICR (Magnetic Ink Character Recognition) code is printed on cheques to facilitate automated processing. This code helps identify the bank and branch during cheque clearing processes.

These codes are essential for secure and accurate electronic fund transfers within the Indian banking system.

IFSC and MICR code sample on bank cheque