IFSC Code of Indian Overseas Bank, Rae Bareilly, Rae Bareli, Uttar Pradesh — IOBA0001255

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 Rae Bareilly branch in Rai Bareli, Rae Bareli, Uttar Pradesh, 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 Rai Bareli or anywhere in Uttar Pradesh can easily transfer funds instantly by using the correct IFSC Code IOBA0001255. 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, Rae Bareilly, Rai Bareli

Below in the table are the key details related to IFSC Code IOBA0001255 of Indian Overseas Bank for its branch located in Rai Bareli, within the district of Rae Bareli in the state of Uttar Pradesh.

These details helps users in online banking and for businesses and individuals who use Indian Overseas Bank in Rai Bareli for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IOBA0001255 for the Rae Bareilly 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 IOBA0001255 is given to every bank branch, including Indian Overseas Bank located in Rae Bareilly, Rai Bareli, Uttar Pradesh, 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 Rai Bareli.
• 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 Rai Bareli and Rae Bareli.
• 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 Uttar Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Indian Overseas Bank in Rae Bareilly doesn't end up at another location.

Format of the IFSC Code IOBA0001255

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 Rae Bareilly in Rai Bareli.

For example, the IFSC Code IOBA0001255 of Indian Overseas Bank for the Rae Bareilly branch includes these elements, identifying the bank and the branch location in Rai Bareli and Uttar Pradesh accurately.

How to Find IFSC Code for Indian Overseas Bank?

If you are looking for the IFSC Code IOBA0001255 of Indian Overseas Bank for its Rae Bareilly branch located in Rai Bareli, 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 Rai Bareli and Rae Bareli, 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 Rae Bareilly or Rai Bareli to get the exact IFSC Code IOBA0001255.

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 Rai Bareli, then it will provide you proper information.

How to Use IFSC Code IOBA0001255 for Online Transfers?

Once you have the IFSC Code IOBA0001255 for the Rae Bareilly branch of Indian Overseas Bank in Rai Bareli, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code IOBA0001255. 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 IOBA0001255.

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 Rae Bareilly in Rai Bareli, 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 Rae Bareilly, 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 Rai Bareli manage their online transfers and cheque clearances easily.