Indian Overseas Bank · Ratlam

IOB Ratlam IFSC code

IFSC code

✔ In RBI list v2.0.62

IOBA0001420

MICR code

457City

020Bank

002Branch

IFSC code: IOBA0001420
MICR code: 457020002
Bank: Indian Overseas Bank
Branch: Ratlam
Address: 81 GROUND FLOOR,NEW ROAD,RATLAM,PIN 457001
City: Ratlam
District: Ratlam
State: Madhya Pradesh
Bank code: IOBA
Branch code: 001420
Contact: +917412234759
Payment systems: NEFT, RTGS, IMPS, UPI

Quick summary✔ RBI data Last synced 24 October 2026 · release v2.0.62

The IFSC code of Indian Overseas Bank, Ratlam branch (Ratlam, Madhya Pradesh) is IOBA0001420. Its MICR code is 457020002. Use the IFSC for NEFT, RTGS and IMPS transfers to accounts at this branch.

Branch overview

Bank code IOBA — identifies Indian Overseas Bank
5th character 0 — reserved by the RBI
Branch code 001420 — identifies Ratlam
MICR 457020002 — city 457, bank 020, branch 002
Payments NEFT, RTGS, IMPS, UPI

Sources & verification

✔ Official source: RBI IFSC & MICR master list
✔ Dataset release v2.0.62
✔ Last updated 24 October 2026
✔ Format checked (11-character IFSC, 9-digit MICR)

Frequently asked questions

What is the IFSC code of IOB Ratlam?

IOBA0001420. It identifies the Ratlam branch of Indian Overseas Bank in Ratlam, Madhya Pradesh.

What is the MICR code of IOB Ratlam?

457020002. It is printed at the bottom of cheques issued by this branch.

Where is IOB Ratlam branch?

81 GROUND FLOOR,NEW ROAD,RATLAM,PIN 457001, Madhya Pradesh.

Does IOBA0001420 support NEFT, RTGS and IMPS?

Yes: the RBI list shows NEFT, RTGS, IMPS and UPI for this branch.

What do the parts of IOBA0001420 mean?

IOBA is the bank code of Indian Overseas Bank, the 5th character "0" is reserved by the RBI, and 001420 is the branch code of Ratlam.