Indian Overseas Bank - ESPLANADE

Details about the IFSC1 IOBA0000048:

Bank: Indian Overseas Bank
Bank Branch: ESPLANADE (IN-TN)
Country: India
District/State: CHENNAI / TAMIL NADU
City: CHENNAI
Address: NO 7, CHENNAI HOUSE, ESPLANADE, CHENNAI - 600 018
Contact: 25340917
IFSC:1 IOBA0000048
MICR:2 600020003




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.