IFSC Code of Indian Overseas Bank, Kalaranga, Bhubaneswar, Odisha- IOBA0002289

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Indian Overseas Bank for its Kalaranga branch in Khurda, Bhubaneswar, Odisha, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Indian Overseas Bank located in Khurda or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code IOBA0002289. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Indian Overseas Bank, Kalaranga, Khurda

Below in the table are the key details related to IFSC Code IOBA0002289 of Indian Overseas Bank for its branch located in Khurda, within the district of Bhubaneswar in the state of Odisha.

These details are crucial, not just for online banking users but also for businesses and individuals who use Indian Overseas Bank in Khurda for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IOBA0002289 for the Kalaranga 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 that is provided by the Reserve Bank of India. A unique IFSC like IOBA0002289 is given to every bank branch, including Indian Overseas Bank located in Kalaranga, Khurda, Odisha, 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 Khurda.
• 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 Khurda and Bhubaneswar.
• 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 Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for Indian Overseas Bank in Kalaranga doesn't end up at another location.

Format of the IFSC Code IOBA0002289

The format of the IFSC Code for banks, including Indian Overseas Bank, has 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 Kalaranga in Khurda.

For example, the IFSC Code IOBA0002289 of Indian Overseas Bank for the Kalaranga branch includes these elements, identifying the bank and the branch location in Khurda and Odisha correctly.

How to Find IFSC Code for Indian Overseas Bank?

If you are trying to find the IFSC Code IOBA0002289 of Indian Overseas Bank for its Kalaranga branch located in Khurda, 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

Most banks, including Indian Overseas Bank branches in Khurda and Bhubaneswar, print the IFSC and MICR codes 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 Kalaranga or Khurda to get the exact IFSC Code IOBA0002289.

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 Khurda, you'll get the correct details.

How to Use IFSC Code IOBA0002289 for Online Transfers?

If you have the IFSC Code IOBA0002289 for the Kalaranga branch of Indian Overseas Bank in Khurda, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IOBA0002289. 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 IOBA0002289.

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 Kalaranga in Khurda, 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 Kalaranga, 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 Khurda manage online transfers as well as cheque clearances with ease.