Indian Overseas Bank - BASAVANAGUDI
Details about the IFSC1 IOBA0001897:
Bank: Indian Overseas Bank
District/State: BANGALORE URBAN / KARNATAKA
City: BANGALORE
Contact: 22950106
IFSC:1 IOBA0001897
MICR:2 560020031
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.