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 Dawath branch in Rohtas, Dawath, 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 Rohtas or anywhere in Bihar can easily transfer funds instantly by using the correct IFSC Code IOBA0003656. 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, Dawath, Rohtas
Below in the table are the key details related to IFSC Code IOBA0003656 of Indian Overseas Bank for its branch located in Rohtas, within the district of Dawath in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Indian Overseas Bank |
| IFSC Code | IOBA0003656 |
| Branch | Dawath |
| City | Rohtas |
| District | Dawath |
| State | Bihar |
| Address | Po Dawath Dist Rohtas Bihar 802226 |
These details help users in online banking and for businesses and individuals who use Indian Overseas Bank in Rohtas for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IOBA0003656 for the Dawath 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 provided by the Reserve Bank of India. Every bank branch, along with Indian Overseas Bank located in Dawath, Rohtas, Bihar, are allotted a unique IFSC like IOBA0003656 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Rohtas.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Rohtas and Dawath.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Indian Overseas Bank in Dawath reaches the right place, even though there are thousands of branches in Bihar and across India.
Format of the IFSC Code IOBA0003656
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 Dawath in Rohtas.
For example, the IFSC Code IOBA0003656 of Indian Overseas Bank for the Dawath branch includes these elements, identifying the bank and the branch location in Rohtas and Bihar accurately.
How to Find IFSC Code for Indian Overseas Bank?
To find the IFSC Code IOBA0003656 of Indian Overseas Bank for its Dawath branch located in Rohtas, the following methods can help you out:
Cheque Book
The cheque book issued by Indian Overseas Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Indian Overseas Bank branches in Rohtas and Dawath, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Indian Overseas Bank and go to the branch locator section. Then search for Dawath or Rohtas to find the exact IFSC Code IOBA0003656.
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 maintains an updated database of all IFSC codes. Searching for Indian Overseas Bank and Rohtas will provide accurate information.
How to Use IFSC Code IOBA0003656 for Online Transfers?
Once you have the IFSC Code IOBA0003656 for the Dawath branch of Indian Overseas Bank in Rohtas, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code IOBA0003656. 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 IOBA0003656.
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 Dawath in Rohtas, it can result in delayed or failed transactions.
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 Dawath, 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 Rohtas manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is IOBA0003656.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Po Dawath Dist Rohtas Bihar 802226 located in Rohtas, Dawath, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.