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 Deoli branch in Tonk, Deoli, or Rajasthan, 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 Tonk or anywhere in Rajasthan can transfer funds instantly by using the correct IFSC Code IOBA0002371. 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, Deoli, Tonk

The table below shows the main details of the IFSC Code IOBA0002371 for the Indian Overseas Bank branch in Tonk, which falls under the Deoli district in Rajasthan.

Particulars Details
Bank Indian Overseas Bank
IFSC Code IOBA0002371
Branch Deoli
City Tonk
District Deoli
State Rajasthan
Address No 1 Behnd Peerbaba,Near Govt Higher Sec School,Patel Nagar,Deoli,Dist Tonk 304804

These details are essential not only for online banking users but also for businesses and individuals who use Indian Overseas Bank in Tonk for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code IOBA0002371 for the Deoli 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 Deoli, Tonk, Rajasthan, are allotted a unique IFSC like IOBA0002371 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code IOBA0002371

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 Deoli in Tonk.

For example, the IFSC Code IOBA0002371 of Indian Overseas Bank for the Deoli branch includes these elements, identifying the bank and the branch location in Tonk and Rajasthan correctly.

How to Find IFSC Code for Indian Overseas Bank?

If you are trying to find the IFSC Code IOBA0002371 of Indian Overseas Bank for its Deoli branch located in Tonk, the following methods can help:

Cheque Book

The cheque books that are issued by Indian Overseas Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Indian Overseas Bank branches in Tonk and Deoli, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Indian Overseas Bank and find the branch locator section. Search for Deoli or Tonk to get the exact IFSC Code IOBA0002371.

Mobile Banking App

If you use Indian Overseas Bank's mobile app, you can easily 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 to help you in searching for Indian Overseas Bank and Tonk that will provide accurate information.

How to Use IFSC Code IOBA0002371 for Online Transfers?

Once you have the IFSC Code IOBA0002371 for the Deoli branch of Indian Overseas Bank in Tonk, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code IOBA0002371. 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 IOBA0002371.

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 Deoli in Tonk, it can 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 Deoli, 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 Tonk to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Indian Overseas Bank in Deoli, Tonk?

The IFSC Code is IOBA0002371.

Is the IFSC Code IOBA0002371 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Indian Overseas Bank Deoli?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Deoli branch?

The address of the branch is No 1 Behnd Peerbaba,Near Govt Higher Sec School,Patel Nagar,Deoli,Dist Tonk 304804 located in Tonk, Deoli, Rajasthan.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.