Indian Overseas Bank - PARAMAKUDI

Details about the IFSC1 IOBA0001576:

Bank: Indian Overseas Bank
Bank Branch: PARAMAKUDI (IN-TN)
Country: India
District/State: RAMANATHAPURAM / TAMIL NADU
City: PARAMAGUDI
Address: 4 BY 328 GANDHIJI ROAD PARAMAKUDI PIN623707
Contact: 2785268
IFSC:1 IOBA0001576
MICR:2 623020102




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.