Indian Overseas Bank IFSC Code, MICR Code, and SWIFT Code – All Branches in India
Looking for the IFSC, MICR, and SWIFT codes of Indian Overseas Bank? Whether you’re making an online transfer via NEFT, RTGS, or IMPS, having the correct bank codes is essential. At WhatIsMyIFSC.in, we help you easily locate the codes you need for every Indian Overseas Bank branches across India.
About Indian Overseas Bank
Founded in 1937 and headquartered in Chennai, Indian Overseas Bank (IOB) is a prominent public sector bank with a strong domestic and international footprint. It operates in countries like Singapore, Sri Lanka, and Hong Kong, offering a wide range of financial services like personal banking, corporate banking, and forex operations.
Bank Name: Indian Overseas Bank
Next, if you want to explore another major private sector bank, check out IndusInd Bank, offering modern financial services with a customer-first approach.
Q1: What is an IFSC Code?
Ans: IFSC stands for Indian Financial System Code. It’s an 11-character alphanumeric code issued by the Reserve Bank of India (RBI) to uniquely identify every bank branch that participates in digital fund transfers. IFSC codes are essential for online transactions such as NEFT, RTGS, and IMPS. You can find your IFSC code using our Home or Search By Bank Name page.
Q2: Why is the IFSC Code important in online banking?
Ans: The IFSC code helps route your transaction to the correct branch. Without it, online transfers may fail or be delayed. It ensures that the money reaches the exact destination branch without manual errors or confusion.
Q3: What is a MICR Code?
Ans: MICR stands for Magnetic Ink Character Recognition. It is a 9-digit numeric code used to identify banks and branches that are part of the Electronic Clearing System (ECS), especially for processing cheques faster.
The MICR code is printed on the bottom of cheques and helps in the secure and fast clearing of physical instruments.
Q4: What is a SWIFT Code?
Ans: You can find the SWIFT code on your bank’s official website (Ex: State Bank of India) or by contacting your branch. Alternatively, our platform will soon include SWIFT code search tools to make your task even easier.