Find Branch Details by IFSC Code
Instantly get branch name, address, MICR code and other details using a valid 11-digit IFSC code.
Indian Overseas Bank, RAICHUR
- IFSC
- IOBA0002159
- BRANCH
- RAICHUR
- ADDRESS
- 11 BY 01 BY 103 BHANDARI COMPLEX,LOHARWADI,M.G.ROAD,RAICHUR,PIN 584101
- BANKCODE
- IOBA
- MICR
- 584020002
- DISTRICT
- RAICHUR
- CITY
- RAICHUR
- STATE
- KARNATAKA
Definition
What is IFSC Code
IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the NEFT system in India.
The IFSC code is made up of three parts:
- The first four characters (IOBA in IOBA0002159) are the bank code, identifying Indian Overseas Bank.
- The fifth character (0 in IOBA0002159) is reserved and is typically zero, separating the bank code from the branch code.
- The last six characters (002159 in IOBA0002159) are the branch code for RAICHUR.
For example, IOBA0002159 is the IFSC for Indian Overseas Bank’s RAICHUR branch. IFSC codes are used in NEFT, RTGS, IMPS and other electronic transfers.