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Indian Overseas Bank - ALWAL

Details about the IFSC1 IOBA0000623:

Bank: Indian Overseas Bank
Bank Branch: ALWAL (IN-AP)
Country: India
District/State: HYDERABAD URBAN / ANDHRA PRADESH
City: SECUNDERABAD CANTONMENT
Contact: 23468839
IFSC:1 IOBA0000623
MICR:2 500020003




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.