IFSC Code of Indian Overseas Bank, Tiarpara, Katihar, Bihar — IOBA0003590

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 Tiarpara branch in Katihar, Katihar, Bihar, 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 Katihar or anywhere in Bihar can easily transfer funds instantly by using the correct IFSC Code IOBA0003590. 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, Tiarpara, Katihar

Here are some of the key details that come with the IFSC Code IOBA0003590 of Indian Overseas Bank for its branch located in Katihar, within the district of Katihar in the state of Bihar.

These details helps users in online banking and for businesses and individuals who use Indian Overseas Bank in Katihar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IOBA0003590 for the Tiarpara branch of Indian Overseas Bank plays a vital role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like IOBA0003590 is given to every bank branch, including Indian Overseas Bank located in Tiarpara, Katihar, Bihar, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Indian Overseas Bank branch in Katihar.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any kind of confusion between multiple branches of the same bank across different places like Katihar and Katihar.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Bihar and the rest of India, which is why the IFSC Code ensures that transactions meant for Indian Overseas Bank in Tiarpara doesn't end up at another location.

Format of the IFSC Code IOBA0003590

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): These represent the bank code. In Indian Overseas Bank, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Tiarpara in Katihar.

For example, the IFSC Code IOBA0003590 of Indian Overseas Bank for the Tiarpara branch has these elements, identifying the bank and the branch location in Katihar and Bihar correctly.

How to Find IFSC Code for Indian Overseas Bank?

If you are looking for the IFSC Code IOBA0003590 of Indian Overseas Bank for its Tiarpara branch located in Katihar, 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 Katihar and Katihar, 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 Tiarpara or Katihar to get the exact IFSC Code IOBA0003590.

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 Katihar, then it will provide you proper information.

How to Use IFSC Code IOBA0003590 for Online Transfers?

Once you have the IFSC Code IOBA0003590 for the Tiarpara branch of Indian Overseas Bank in Katihar, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IOBA0003590. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

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

IMPS

Instant 24×7 transfers. You need the recipient's account details and Indian Overseas Bank IFSC Code IOBA0003590.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Indian Overseas Bank Tiarpara in Katihar, it can result in delayed or failed transactions.

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 Tiarpara, 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 Katihar manage online transfers as well as cheque clearances with ease.