IFSC Code of Indian Overseas Bank, Samroli, Chikhli, Gujarat — IOBA0002241

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 Samroli branch in Surat, Chikhli, Gujarat, 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 Surat or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code IOBA0002241. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Indian Overseas Bank, Samroli, Surat

Here are the main details that are associated with the IFSC Code IOBA0002241 of Indian Overseas Bank for its branch located in Surat, within the district of Chikhli in the state of Gujarat.

These details are essential not only for online banking users but also for businesses and individuals who use Indian Overseas Bank in Surat for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IOBA0002241 for the Samroli branch of Indian Overseas Bank plays 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, along with Indian Overseas Bank located in Samroli, Surat, Gujarat, are allotted a unique IFSC like IOBA0002241 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Surat.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Surat and Chikhli.
• 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 Samroli reaches the right place, even though there are thousands of branches in Gujarat and across India.

Format of the IFSC Code IOBA0002241

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 Samroli in Surat.

For example, the IFSC Code IOBA0002241 of Indian Overseas Bank for the Samroli branch includes these elements, identifying the bank and the branch location in Surat and Gujarat correctly.

How to Find IFSC Code for Indian Overseas Bank?

If you are trying to find the IFSC Code IOBA0002241 of Indian Overseas Bank for its Samroli branch located in Surat, 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 Surat and Chikhli, 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 Samroli or Surat to get the exact IFSC Code IOBA0002241.

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 Surat, you'll get the correct details.

How to Use IFSC Code IOBA0002241 for Online Transfers?

Once you have the IFSC Code IOBA0002241 for the Samroli branch of Indian Overseas Bank in Surat, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code IOBA0002241. 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 IOBA0002241.

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 Samroli in Surat, your payment can get delayed or might not go through at all.

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 Samroli, 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 Surat to handle online money transfers and get their cheques cleared smoothly.