Indian Overseas Bank IFSC Code, MICR Code, Address, Contact Number for the Sambalpur Branch in West Bengal
Indian Overseas Bank Sambalpur Branch is situated in Maldah, West Bengal
IFSC Code for Indian Overseas Bank Sambalpur Branch, Maldah
IOBA0000413
- Bank Name: Indian Overseas Bank
- Bank Old IFSC Code: NA
- Bank New IFSC Code: IOBA0000413
- Bank MICR Code: 768020002
- Bank Address: Chowk Bazaar Daksh Marg Kankhal Chowk Kankhal Pin 249408
- Bank Branch: Sambalpur
- Bank District: Maldah
- Bank State: West Bengal
- Bank City: Sambalpore
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