Indian Overseas Bank IFSC Code, MICR Code, Address, Contact Number for the Purani Chawani Branch in Madhya Pradesh
Indian Overseas Bank Purani Chawani Branch is situated in Gwalior, Madhya Pradesh
IFSC Code for Indian Overseas Bank Purani Chawani Branch, Gwalior
IOBA0002953
- Bank Name: Indian Overseas Bank
- Bank Old IFSC Code: NA
- Bank New IFSC Code: IOBA0002953
- Bank MICR Code: 474020003
- Bank Address: No 882 A B Road Near Tata Mobile Tower Purani Chawani 474010 Gwalior M P
- Bank Branch: Purani Chawani
- Bank District: Gwalior
- Bank State: Madhya Pradesh
- Bank City: Gwalior
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