Indian Overseas Bank IFSC Code, MICR Code, Address, Contact Number for the Kagaz Nagar Branch in Andhra Pradesh
Indian Overseas Bank Kagaz Nagar Branch is situated in Adilabad, Andhra Pradesh
IFSC Code for Indian Overseas Bank Kagaz Nagar Branch, Adilabad
IOBA0003323
- Bank Name: Indian Overseas Bank
- Bank Old IFSC Code: NA
- Bank New IFSC Code: IOBA0003323
- Bank MICR Code: WAITING
- Bank Address: 33 137,Loya Marg,Sirpur Kagaznagar,Kagaznagar Mandal,Adilabad 504296,Andhrapradesh
- Bank Branch: Kagaz Nagar
- Bank District: Adilabad
- Bank State: Andhra Pradesh
- Bank City: Sirpur
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