Indian Overseas Bank IFSC Code, MICR Code, Address, Contact Number for the Madhavaram Chennai Branch in Andhra Pradesh
Indian Overseas Bank Madhavaram Chennai Branch is situated in Cuddapah, Andhra Pradesh
IFSC Code for Indian Overseas Bank Madhavaram Chennai Branch, Cuddapah
IOBA0002363
- Bank Name: Indian Overseas Bank
- Bank Old IFSC Code: NA
- Bank New IFSC Code: IOBA0002363
- Bank MICR Code: 600020182
- Bank Address: 382 I Floor Madhavam Redhills Road,Madhavaram,Chennai 60 Pin 600060
- Bank Branch: Madhavaram Chennai
- Bank District: Cuddapah
- Bank State: Andhra Pradesh
- Bank City: Madhavaram
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