Indian Overseas Bank IFSC Code, MICR Code, Address, Contact Number for the Sme Processing Centre Bangalore Branch in Karnataka

Indian Overseas Bank Sme Processing Centre Bangalore Branch is situated in Bangalore Urban, Karnataka

IFSC Code for Indian Overseas Bank Sme Processing Centre Bangalore Branch, Bangalore Urban

IOBA0003007
  • Bank Name: Indian Overseas Bank
  • Bank Old IFSC Code: NA
  • Bank New IFSC Code: IOBA0003007
  • Bank MICR Code: WAITING
  • Bank Address:
    232 Mazzannine Floor,9Th Main Road, 5Th Block,Jayanagar,Bangalore 560041
  • Bank Branch: Sme Processing Centre Bangalore
  • Bank District: Bangalore Urban
  • Bank State: Karnataka
  • Bank City: Bangalore

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