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Indian Overseas Bank - KAKINADA

Details about the IFSC1 IOBA0000031:

Bank: Indian Overseas Bank
Bank Branch: KAKINADA (IN-AP)
Country: India
District/State: EAST GODAVARI / ANDHRA PRADESH
City: KAKINADA
Contact: +918842376256
IFSC:1 IOBA0000031
MICR:2 533020002




1) An IFSC code (Indian Financial System Code) is a unique 11-digit alphanumeric code used to identify bank branches participating in electronic fund transfers like NEFT, RTGS, and IMPS.

2) Magnetic ink character recognition code, known in short as MICR code, is a character recognition technology used mainly by the banking industry to streamline the processing and clearance of cheques and other documents.