There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Indian Overseas Bank for its Berhampur Church Road branch in Baleshwar, Berhampur, Odisha, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Indian Overseas Bank situated in Baleshwar or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code IOBA0001729. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Indian Overseas Bank, Berhampur Church Road, Baleshwar
Below in the table are the key details related to IFSC Code IOBA0001729 of Indian Overseas Bank for its branch located in Baleshwar, within the district of Berhampur in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Indian Overseas Bank |
| IFSC Code | IOBA0001729 |
| Branch | Berhampur Church Road |
| City | Baleshwar |
| District | Berhampur |
| State | Odisha |
| Address | Bharat Niwas, R C Church Road, Berhampur Pin 760001 |
These details are important not only for users using online banking but also for businesses and individuals who use Indian Overseas Bank in Baleshwar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code IOBA0001729 for the Berhampur Church Road branch of Indian Overseas Bank is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Indian Overseas Bank located in Berhampur Church Road, Baleshwar, Odisha, are given a unique IFSC like IOBA0001729 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Baleshwar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Baleshwar and Berhampur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Indian Overseas Bank in Berhampur Church Road goes to the correct branch. This is important because Indian Overseas Bank has thousands of branches in Odisha and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code IOBA0001729
The format of the IFSC Code for banks, including Indian Overseas Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Indian Overseas Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Berhampur Church Road in Baleshwar.
For example, the IFSC Code IOBA0001729 of Indian Overseas Bank for the Berhampur Church Road branch includes these elements, identifying the bank and the branch location in Baleshwar and Odisha accurately.
How to Find IFSC Code for Indian Overseas Bank?
To find the IFSC Code IOBA0001729 of Indian Overseas Bank for its Berhampur Church Road branch located in Baleshwar, the following methods can help you out:
Cheque Book
The cheque book issued by Indian Overseas Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Indian Overseas Bank branches in Baleshwar and Berhampur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Indian Overseas Bank and go to the branch locator section. Then search for Berhampur Church Road or Baleshwar to find the exact IFSC Code IOBA0001729.
Mobile Banking App
If you use Indian Overseas Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for Indian Overseas Bank and Baleshwar will provide accurate information.
How to Use IFSC Code IOBA0001729 for Online Transfers?
Once you have the IFSC Code IOBA0001729 for the Berhampur Church Road branch of Indian Overseas Bank in Baleshwar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IOBA0001729. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Indian Overseas Bank IFSC Code IOBA0001729.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Indian Overseas Bank Berhampur Church Road in Baleshwar, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Indian Overseas Bank in Berhampur Church Road, here are some of the ways you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Indian Overseas Bank website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Baleshwar manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is IOBA0001729.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Bharat Niwas, R C Church Road, Berhampur Pin 760001 located in Baleshwar, Berhampur, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.