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Indian Overseas Bank state wise list of all branches, IFSC code, MICR code and Addresses within India
Indian Overseas Bank was founded in 10 February 1937 at Madras, during the British ruling period. Its headquarters is located in Chennai, in the state of Tamil Nadu, in India, the key people associated with this bank are R. Koteeswaran who at present holds the position of MD & CEO, Atul Agarwal who at present holds the position of Executive Director and Pawan Kumar Bajaj who at present holds the position of Executive Director. The products that are exclusively dealt by this bank are Loans, investment, vehicles, credit cards, savings, etc. According to the official report released in 2012, its revenue increased to Rs. 6992 crore (US$1.1 billion), Net income increased to Rs196 billion (US$3.0 billion) and Total assets stood at Rs. 4117 billion (US$62 billion).
In 2015, Indian Overseas Bank (IOB) launched in a successful manner new Android Mobile Banking Application in the open market. In Tamil Nadu, the number of branches reached 1000 in 2011-12. It celebrated Platinum Jubilee in 2012-13. In 2014-15, it has surpassed successfully the landmark of 3000 ATMs with Tirumalaipatti Branch as on 31.07.2014. It comes with slogan as “Good people to grow with”. In 2010, it reached its 2000th Branch with Yamuna Vihar, New Delhi branch opening. In 2006, it launched Retail Sale of Gold, VISA Card, Non Life Joint Insurance Bank reached INR 1 lac crore marks in Total Business.
It is to be remembered that RBI has issued IFSC codes to each and every bank branch located in India. These special codes are very unique plus assist in prompt and quick remittance through the electronic media. With IOBA0******, the IOB Bank IFSC code starts with that is followed by the branch code, that comprises 5 digits. On the other hand, along with these particulars, you might also need RTGS, MICR and NEFT codes for different online banking transfers and its related payments. These codes largely ensure the security plus safety of all net banking transactions in a successful manner.
• You can search for Indian Overseas Bank IFSC Codes by selecting an individual state link in order to view the list of cities where this banks branch/branches are located.
• Once selected then you can easily view your required IOB IFSC Codes of the said branch which may assist you in your further financial transaction to be completed in a successful manner.
The Magnetic Ink Character Recognition code largely comprises of numerical values only. It is normally printed on cheque leaves. It is rightly used for processing cheques easily. It is to be noted that Indian Overseas Bank has NEFT supported branches. Most of these branches has MICR Code number.
• Initially you have to select the state where your Indian Overseas Bank branch is located.
• Then you have to select your city where your IOB Bank branch is situated
• Now, select your branch of IOB Bank to find MICR Code.