IOBA0000487 IFSC Code, INDIAN OVERSEAS BANK, CHEDDA NAGAR

IFSC Code of Indian Overseas Bank, Chedda Nagar, Maharashtra IFSC CODE & MICR CODE

INDIAN OVERSEAS BANK, CHEDDA NAGAR - IOBA0000487

  • Bank name: INDIAN OVERSEAS BANK

Bank Address: Sri Subramanya Samaj Temple Complex Annex, Chedda Nagar, Chembur, Mumbai - 400089

  • IFSC Code ioba0000487
  • Bank Code IOBA
  • Bank name INDIAN OVERSEAS BANK
  • Bank contact number 25255134
  • Bank branch CHEDDA NAGAR
  • Bank ISO3166 Code IN-MH
  • Bank Center GREATER MUMBAI
  • MICR Code 400020025
  • State name MAHARASHTRA
  • District name GREATER MUMBAI
  • City name MUMBAI
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for INDIAN OVERSEAS BANK, CHEDDA NAGAR branch is IOBA0000487, ensures that your transactions are directed to the correct branch.

How to Use IOBA0000487 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the CHEDDA NAGAR branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.