IOBA0002859 IFSC Code, INDIAN OVERSEAS BANK, MUGAL SARAI

IFSC Code of Indian Overseas Bank, Mugal Sarai, Uttar Pradesh IFSC CODE & MICR CODE

INDIAN OVERSEAS BANK, MUGAL SARAI - IOBA0002859

  • Bank name: INDIAN OVERSEAS BANK

Bank Address: 581 G T Road,naibasti Mugal Sarai,chandauli Dist 232101

  • IFSC Code ioba0002859
  • Bank Code IOBA
  • Bank name INDIAN OVERSEAS BANK
  • Bank contact number +914428584896
  • Bank branch MUGAL SARAI
  • Bank ISO3166 Code IN-UP
  • Bank Center CHANDAULI
  • MICR Code 232020102
  • State name UTTAR PRADESH
  • District name CHANDAULI
  • City name CHANDAULI
  • 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, MUGAL SARAI branch is IOBA0002859, ensures that your transactions are directed to the correct branch.

How to Use IOBA0002859 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 MUGAL SARAI 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.