IFSC Code: Ioba0001431
| Bank: Indian Overseas Bank |
| IFSC Code: Ioba0001431 |
| MICR Code: 180020002 |
| Address: 37 A,B By 8, Gandhinagar Extension, Old Railway Road, Jammu, Pin 181004 |
| City: Jammu |
| District: Jammu |
| State: Jammu And Kashmir |
IFSC is acronym of Indian Financial System Code. IFSC code is an alphanumeric code which is used to electronically transfer funds in India. This code uniquely identifies each bank branch participating in the two main Payment and settlement systems in India: (1.) the Real Time Gross Settlement (RTGS) and (2.) the National Electronic Fund Transfer (NEFT) systems.
The IFSC code is an 11-character code. Of which first four are alphabetic characters and last six are usually numeric but it can be alphabetic too.
First four characters represent bank name and last six characters represent branch. Eleventh character is reserved for future use.
Let's decode IFSC code Ioba0001431.
- In our case IFSC code's first four characters Ioba represents bank Indian Overseas Bank.
- Remaining characters which are 0001431 represents branch. In our case branch is located at address 37 A,B By 8, Gandhinagar Extension, Old Railway Road, Jammu, Pin 181004.
The easiest way to find IFSC code is to check your
- Bank account statement
- Cheques
Please examine below sample cheque for more details
I hope this clears doubts.