TheBankCodes.com

Indian Overseas Bank - LALRU MANDI

Details about the IFSC1 IOBA0001503:

Bank: Indian Overseas Bank
Bank Branch: LALRU MANDI (IN-PB)
Country: India
District/State: PATIALA / PUNJAB
City: LALRU
Contact: 274680
IFSC:1 IOBA0001503
MICR:2 160020017




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.