IFSC Code of Indian Overseas Bank, Kankeroad Ranchi, Angara, Jharkhand — IOBA0001639

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 Kankeroad Ranchi branch in Ranchi, Angara, Jharkhand, 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 Ranchi or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code IOBA0001639. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Indian Overseas Bank, Kankeroad Ranchi, Ranchi

Below in the table are the key details related to IFSC Code IOBA0001639 of Indian Overseas Bank for its branch located in Ranchi, within the district of Angara in the state of Jharkhand.

These details help users in online banking and for businesses and individuals who use Indian Overseas Bank in Ranchi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IOBA0001639 for the Kankeroad Ranchi branch of Indian Overseas Bank has a very 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 IOBA0001639 is given to every bank branch, including Indian Overseas Bank located in Kankeroad Ranchi, Ranchi, Jharkhand, 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 Ranchi.
• 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 Ranchi and Angara.
• 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 Jharkhand and the rest of India, which is why the IFSC Code ensures that transactions meant for Indian Overseas Bank in Kankeroad Ranchi doesn't end up at another location.

Format of the IFSC Code IOBA0001639

The format of the IFSC Code for banks, including Indian Overseas Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

• First 4 characters (AAAA): Represent the bank code. For Indian Overseas Bank, these characters are the bank's short identifier.
• 5th character (0): Always zero which is reserved for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Kankeroad Ranchi in Ranchi.

For example, the IFSC Code IOBA0001639 of Indian Overseas Bank for the Kankeroad Ranchi branch includes these elements, identifying the bank and the branch location in Ranchi and Jharkhand accurately.

How to Find IFSC Code for Indian Overseas Bank?

If you are looking for the IFSC Code IOBA0001639 of Indian Overseas Bank for its Kankeroad Ranchi branch located in Ranchi, 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 Ranchi and Angara, 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 Kankeroad Ranchi or Ranchi to get the exact IFSC Code IOBA0001639.

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 Ranchi, then it will provide you proper information.

How to Use IFSC Code IOBA0001639 for Online Transfers?

Once you have the IFSC Code IOBA0001639 for the Kankeroad Ranchi branch of Indian Overseas Bank in Ranchi, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IOBA0001639. Transfers are processed in batches. This is 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. Requires the recipient's account details and Indian Overseas Bank IFSC Code IOBA0001639.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Indian Overseas Bank Kankeroad Ranchi in Ranchi 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 Kankeroad Ranchi, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Ranchi to handle online money transfers and get their cheques cleared smoothly.