Indian Overseas Bank BSR code can be used when filling TDS/TCS returns. BSR code is used in challan details and deductee details. BSR codes for IOB Bank are provided by RBI. The BSR has two parts, Part A of the return relates to accounts with individual credit limits of over Rs.2,00,000. In Part B of the BSR-1 return, account-wise information is not required. It calls for consolidated information on the occupation-wise totals of accounts with individual credit limits of Rs.2,00,000 and less. Please NOTE that not all branches of Overseas Bank have BSR codes and hence, some branches might not provide this facility.
We have facilitated an easy search, you can choose a particular state, district or city and you will get all the required information for BSR codes of all Indian Overseas Bank branches. The IOB Bank BSR code list is given in the table alongside. You can find the codes for Overseas Bank branches in India. The table consists of other information about the branch like address and contact details.
IOB Bank BSR code system was introduced in December 1972 following the recommendation of the âcommittee on banking statisticsâ under the chairmanship of Shri A. Raman, director, credit planning cell, Reserve Bank of India, adapting from the former data reporting system called Uniform Balance Book (UBB).In the revision of March 2002, an activity coding system in BSR was introduced for bringing uniformity in the classification system for comparability of the data, nationally as well as internationally.