Indian Overseas Bank - VELLAKOIL

Details about the IFSC1 IOBA0001086:

Bank: Indian Overseas Bank
Bank Branch: VELLAKOIL (IN-TN)
Country: India
District/State: ERODE / TAMIL NADU
City: VELLAKOVIL
Address: MUTHUR ROAD,VELLAKOIL,KANGEYAM TALUK,VELLAKOIL,PIN 638111
Contact: 260556
IFSC:1 IOBA0001086
MICR:2 638020027




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.