Indian Overseas Bank IFSC Code, MICR Code, Address, Contact Number for the Ashram Road Branch in Gujarat
Indian Overseas Bank Ashram Road Branch is situated in Ahmadabad, Gujarat
IFSC Code for Indian Overseas Bank Ashram Road Branch, Ahmadabad
IOBA0000353
- Bank Name: Indian Overseas Bank
- Bank Old IFSC Code: NA
- Bank New IFSC Code: IOBA0000353
- Bank MICR Code: 380020002
- Bank Address: Opposite Handloom House, Ashram Road, Ahmedabad - 380 002
- Bank Branch: Ashram Road
- Bank District: Ahmadabad
- Bank State: Gujarat
- Bank City: Ahmedabad
About IFSC Codes in India
IFSC stands for Indian Financial System Code. It is a unique 11-digit alphanumeric code assigned to each bank branch in India by the Reserve Bank of India (RBI). It is used for electronic funds transfer using NEFT, RTGS, and IMPS.
Components of IFSC Code:
- First four characters: Bank code
- Fifth character: Always 0
- Last six characters: Branch identifier
About MICR Codes
MICR stands for Magnetic Ink Character Recognition and is printed on cheques to streamline processing.
- First three digits: City code
- Next three digits: Bank code
- Last three digits: Branch code