IFSC Code of Indian Overseas Bank, Chaturikhunta, Nilagiri, Odisha — IOBA0003513

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 Chaturikhunta branch in Baleshwar, Nilagiri, 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 IOBA0003513. 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, Chaturikhunta, Baleshwar

Here are the main details that are associated with the IFSC Code IOBA0003513 of Indian Overseas Bank for its branch located in Baleshwar, within the district of Nilagiri in the state of Odisha.

These details are essential not only for online banking users but also for businesses and individuals who use Indian Overseas Bank in Baleshwar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IOBA0003513 for the Chaturikhunta branch of Indian Overseas Bank plays an important role.

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 Chaturikhunta, Baleshwar, Odisha, are given a unique IFSC like IOBA0003513 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 Nilagiri.
• 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 Chaturikhunta 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 IOBA0003513

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 Chaturikhunta in Baleshwar.

For example, the IFSC Code IOBA0003513 of Indian Overseas Bank for the Chaturikhunta 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?

If you are looking for the IFSC Code IOBA0003513 of Indian Overseas Bank for its Chaturikhunta branch located in Baleshwar, the following methods can help:

Cheque Book

The cheque book that is issued by Indian Overseas Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Indian Overseas Bank branches in Baleshwar and Nilagiri, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Indian Overseas Bank and look for the branch locator section, then search for Chaturikhunta or Baleshwar to get the exact IFSC Code IOBA0003513.

Mobile Banking App

If you use Indian Overseas Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Indian Overseas Bank and Baleshwar, then it will provide you proper information.

How to Use IFSC Code IOBA0003513 for Online Transfers?

If you have the IFSC Code IOBA0003513 for the Chaturikhunta branch of Indian Overseas Bank in Baleshwar, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IOBA0003513. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Asks for the recipient's account details and Indian Overseas Bank IFSC Code IOBA0003513.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Indian Overseas Bank Chaturikhunta in Baleshwar, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Indian Overseas Bank in Chaturikhunta, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Baleshwar manage online transfers as well as cheque clearances with ease.