Indian Overseas Bank IFSC Code, MICR Code, Address, Contact Number for the Mid Corporate Ludhiana Branch in Punjab
Indian Overseas Bank Mid Corporate Ludhiana Branch is situated in Ludhiana, Punjab
IFSC Code for Indian Overseas Bank Mid Corporate Ludhiana Branch, Ludhiana
IOBA0002892
- Bank Name: Indian Overseas Bank
- Bank Old IFSC Code: NA
- Bank New IFSC Code: IOBA0002892
- Bank MICR Code: 141020024
- Bank Address: Bxx1 14615,Gandfhi Nagar Adjoining Dada Motors,Bal Tower,G T
- Bank Branch: Mid Corporate Ludhiana
- Bank District: Ludhiana
- Bank State: Punjab
- Bank City: Ludhiana
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