Indian Overseas Bank IFSC Code, MICR Code, Address, Contact Number for the Bhubaneswar Baramunda Branch in Odisha

Indian Overseas Bank Bhubaneswar Baramunda Branch is situated in Khurda, Odisha

IFSC Code for Indian Overseas Bank Bhubaneswar Baramunda Branch, Khurda

IOBA0003617
  • Bank Name: Indian Overseas Bank
  • Bank Old IFSC Code: NA
  • Bank New IFSC Code: IOBA0003617
  • Bank MICR Code: WAITING
  • Bank Address:
    27,First Floor,Baramunda Housing Board Colony,Bhubaneswar,Khurda Dist,Oddisha 751003
  • Bank Branch: Bhubaneswar Baramunda
  • Bank District: Khurda
  • Bank State: Odisha
  • Bank City: Bhubaneswar

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