IFSC Code of Indian Overseas Bank, Tamluk, Kharagpur, West Bengal — IOBA0002485

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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Indian Overseas Bank for its Tamluk branch in Midnapore, Kharagpur, or West Bengal, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Indian Overseas Bank located in Midnapore or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code IOBA0002485. 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, Tamluk, Midnapore

The table below shows the main details of the IFSC Code IOBA0002485 for the Indian Overseas Bank branch in Midnapore, which falls under the Kharagpur district in West Bengal.

These details are crucial, not just for online banking users but also for businesses and individuals who use Indian Overseas Bank in Midnapore for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IOBA0002485 for the Tamluk 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, including Indian Overseas Bank located in Tamluk, Midnapore, West Bengal, is provided with a unique IFSC like IOBA0002485 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Indian Overseas Bank branch in Midnapore.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any errors or confusions between multiple branches of the same bank across different places like Midnapore and Kharagpur.
• It reduces errors in fund transfers and improves accuracy.
• It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across West Bengal and the rest of India and the IFSC Code ensures that transactions meant for Indian Overseas Bank in Tamluk do not get mixed with another location.

Format of the IFSC Code IOBA0002485

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 Tamluk in Midnapore.

For example, the IFSC Code IOBA0002485 of Indian Overseas Bank for the Tamluk branch includes these elements, identifying the bank and the branch location in Midnapore and West Bengal accurately.

How to Find IFSC Code for Indian Overseas Bank?

If you are trying to find the IFSC Code IOBA0002485 of Indian Overseas Bank for its Tamluk branch located in Midnapore, 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 Midnapore and Kharagpur, 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 Tamluk or Midnapore to get the exact IFSC Code IOBA0002485.

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 Midnapore, you'll get the correct details.

How to Use IFSC Code IOBA0002485 for Online Transfers?

Once you have the IFSC Code IOBA0002485 for the Tamluk branch of Indian Overseas Bank in Midnapore, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code IOBA0002485. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 IOBA0002485.

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 Tamluk in Midnapore, your payment can get delayed or might not go through at all.

Finding the MICR Code

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

Knowing both IFSC and MICR code can help account holders in Midnapore manage their online transfers and cheque clearances easily.