The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Indian Overseas Bank for its Bidhan Nagar Durgapore branch in Burdwan, Durgapur, West Bengal, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Indian Overseas Bank located in Burdwan or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code IOBA0001847. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Indian Overseas Bank, Bidhan Nagar Durgapore, Burdwan
Below in the table are the key details related to IFSC Code IOBA0001847 of Indian Overseas Bank for its branch located in Burdwan, within the district of Durgapur in the state of West Bengal.
| Particulars | Details |
|---|---|
| Bank | Indian Overseas Bank |
| IFSC Code | IOBA0001847 |
| Branch | Bidhan Nagar Durgapore |
| City | Burdwan |
| District | Durgapur |
| State | West Bengal |
| Address | Gadhuli Marriage Hall, Sec 2C, Iman Kalyan Sarani,Bidhan Nagar, Durgapur 713212 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Indian Overseas Bank in Burdwan for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IOBA0001847 for the Bidhan Nagar Durgapore branch of Indian Overseas Bank has 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 Bidhan Nagar Durgapore, Burdwan, West Bengal, are allotted a unique IFSC like IOBA0001847 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Burdwan.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Burdwan and Durgapur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Indian Overseas Bank in Bidhan Nagar Durgapore reaches the right place, even though there are thousands of branches in West Bengal and across India.
Format of the IFSC Code IOBA0001847
The format of the IFSC Code for banks, including Indian Overseas Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Indian Overseas Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Bidhan Nagar Durgapore in Burdwan.
For example, the IFSC Code IOBA0001847 of Indian Overseas Bank for the Bidhan Nagar Durgapore branch includes these elements, identifying the bank and the branch location in Burdwan and West Bengal accurately.
How to Find IFSC Code for Indian Overseas Bank?
If you are trying to find the IFSC Code IOBA0001847 of Indian Overseas Bank for its Bidhan Nagar Durgapore branch located in Burdwan, the following methods can help:
Cheque Book
The cheque books that are issued by Indian Overseas Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Indian Overseas Bank branches in Burdwan and Durgapur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Indian Overseas Bank and find the branch locator section. Search for Bidhan Nagar Durgapore or Burdwan to get the exact IFSC Code IOBA0001847.
Mobile Banking App
If you use Indian Overseas Bank's mobile app, you can easily 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 to help you in searching for Indian Overseas Bank and Burdwan that will provide accurate information.
How to Use IFSC Code IOBA0001847 for Online Transfers?
Once you have the IFSC Code IOBA0001847 for the Bidhan Nagar Durgapore branch of Indian Overseas Bank in Burdwan, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code IOBA0001847. 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 IOBA0001847.
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 Bidhan Nagar Durgapore in Burdwan, your payment can get delayed or might not go through at all.
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 Bidhan Nagar Durgapore, 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 Burdwan manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is IOBA0001847.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Gadhuli Marriage Hall, Sec 2C, Iman Kalyan Sarani,Bidhan Nagar, Durgapur 713212 located in Burdwan, Durgapur, West Bengal.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.