Indian Overseas Bank IFSC Code, MICR Code, Address, Contact Number for the Madikonda Branch in Andhra Pradesh

Indian Overseas Bank Madikonda Branch is situated in Warangal, Andhra Pradesh

IFSC Code for Indian Overseas Bank Madikonda Branch, Warangal

IOBA0003183
  • Bank Name: Indian Overseas Bank
  • Bank Old IFSC Code: NA
  • Bank New IFSC Code: IOBA0003183
  • Bank MICR Code: WAITING
  • Bank Address:
    Kazipet Road,Madikonda,Hanamkonda,Mandal Warrangal Pin 506142
  • Bank Branch: Madikonda
  • Bank District: Warangal
  • Bank State: Andhra Pradesh
  • Bank City: Madikonda

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