Indian Overseas Bank IFSC Code, MICR Code, Address, Contact Number for the Rae Bareilly Branch in Uttar Pradesh
Indian Overseas Bank Rae Bareilly Branch is situated in Rai Bareli, Uttar Pradesh
IFSC Code for Indian Overseas Bank Rae Bareilly Branch, Rai Bareli
IOBA0001255
- Bank Name: Indian Overseas Bank
- Bank Old IFSC Code: NA
- Bank New IFSC Code: IOBA0001255
- Bank MICR Code: 229020002
- Bank Address: Madhuban Shopping Complex Malik Mau Road Rae Bareilly 229001
- Bank Branch: Rae Bareilly
- Bank District: Rai Bareli
- Bank State: Uttar Pradesh
- Bank City: Rae Bareli
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