Indian Overseas Bank IFSC Code, MICR Code, Address, Contact Number for the Palode Branch in Kerala
Indian Overseas Bank Palode Branch is situated in Thiruvananthapuram, Kerala
IFSC Code for Indian Overseas Bank Palode Branch, Thiruvananthapuram
IOBA0000269
- Bank Name: Indian Overseas Bank
- Bank Old IFSC Code: NA
- Bank New IFSC Code: IOBA0000269
- Bank MICR Code: 695020809
- Bank Address: Rajesh,Bld,Opp,Ksrtc,Bus,Station,Pascha,Po,Palode,Pin,695562
- Bank Branch: Palode
- Bank District: Thiruvananthapuram
- Bank State: Kerala
- Bank City: Palode
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