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IFSC Code of Indian Overseas Bank, Bahadurpur, Bokaro, Jharkhand — IOBA0003383

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Indian Overseas Bank for its Bahadurpur branch in Bokaro, Bokaro, Jharkhand, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Indian Overseas Bank located in Bokaro or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code IOBA0003383. You should definitely 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, Bahadurpur, Bokaro

Below in the table are the key details related to IFSC Code IOBA0003383 of Indian Overseas Bank for its branch located in Bokaro, within the district of Bokaro in the state of Jharkhand.

Particulars Details
Bank Indian Overseas Bank
IFSC Code IOBA0003383
Branch Bahadurpur
City Bokaro
District Bokaro
State Jharkhand
Address No.1311 Ground Floor Near Bahadur More Village Bahadurpur Ps Pindrajora Po State Jharkhand 827013

These details are important not only for users using online banking but also for businesses and individuals who use Indian Overseas Bank in Bokaro for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code IOBA0003383 for the Bahadurpur 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 Bahadurpur, Bokaro, Jharkhand, are given a unique IFSC like IOBA0003383 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Bokaro.
  • 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 Bokaro and Bokaro.
  • 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 Bahadurpur goes to the correct branch. This is important because Indian Overseas Bank has thousands of branches in Jharkhand and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code IOBA0003383

This is the format of the IFSC Code for banks, including Indian Overseas Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Indian Overseas Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Bahadurpur in Bokaro.

For example, the IFSC Code IOBA0003383 of Indian Overseas Bank for the Bahadurpur branch includes these elements, identifying the bank and the branch location in Bokaro and Jharkhand accurately.

How to Find IFSC Code for Indian Overseas Bank?

If you are trying to find the IFSC Code IOBA0003383 of Indian Overseas Bank for its Bahadurpur branch located in Bokaro, the following methods can help:

Cheque Book

The cheque book issued by Indian Overseas Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Indian Overseas Bank branches in Bokaro and Bokaro, print them on the first page of your passbook.

Bank Website

Visit the official website of Indian Overseas Bank and navigate to the branch locator section. Search for Bahadurpur or Bokaro to get the exact IFSC Code IOBA0003383.

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 keeps an updated list of all IFSC codes. If you search for Indian Overseas Bank and Bokaro, you'll get the correct details.

How to Use IFSC Code IOBA0003383 for Online Transfers?

Once you have the IFSC Code IOBA0003383 for the Bahadurpur branch of Indian Overseas Bank in Bokaro, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code IOBA0003383. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Indian Overseas Bank IFSC Code IOBA0003383.

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 Bahadurpur in Bokaro, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Indian Overseas Bank in Bahadurpur, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Indian Overseas Bank website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Bokaro manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Overseas Bank in Bahadurpur, Bokaro?

The IFSC Code is IOBA0003383.

Is the IFSC Code IOBA0003383 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Indian Overseas Bank Bahadurpur?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Bahadurpur branch?

The address of the branch is No.1311 Ground Floor Near Bahadur More Village Bahadurpur Ps Pindrajora Po State Jharkhand 827013 located in Bokaro, Bokaro, Jharkhand.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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