Indian Overseas Bank Bhatapara Raipur Branch IFSC Code: IOBA0002961
Branch Code: 002961 | BHATAPARA, BHATAPARA, CHHATTISGARH
The official Indian Financial System Code (IFSC) for Indian Overseas Bank, Bhatapara Raipur branch in BHATAPARA, CHHATTISGARH is IOBA0002961. The MICR code for cheque clearance is 493020201.
Branch Fact Sheet & Electronic Routing Details
- Bank Name
- Indian Overseas Bank
- Branch Name
- BHATAPARA RAIPUR
- MICR Code
- City / District
- BHATAPARA (BHATAPARA)
- State
- CHHATTISGARH
- Postal Pincode
- 493118
H NO 667,MAHAVIR WARD BHATAPARA DT,BALODA BAZAR,CHATTISGARH,493118, Pincode: 493118
How to Read IFSC Code: IOBA0002961
An Indian Financial System Code (IFSC) is a unique 11-character alphanumeric code assigned by the Reserve Bank of India to identify bank branches for electronic payment systems.
First 4 alphabetic characters identify Indian Overseas Bank.
5th character is always numeral '0', reserved for future use.
Last 6 alphanumeric characters identify the specific physical branch.
Payment Systems Supported by this IFSC Code
| Payment System | Settlement Time | Minimum Amount | Availability | Ideal For |
|---|---|---|---|---|
| NEFT (National Electronic Funds Transfer) | Half-hourly batches | ₹1 (No minimum) | 24x7x365 | Routine bills, small & medium transactions |
| RTGS (Real Time Gross Settlement) | Real-time instant | ₹2,00,000 | 24x7x365 | High-value urgent financial transfers |
| IMPS (Immediate Payment Service) | Immediate | ₹1 (Max ₹5 Lakh) | 24x7x365 | Instant mobile banking & emergency transfers |
Frequently Asked Questions: Indian Overseas Bank (IOBA0002961)
Which bank does IFSC Code IOBA0002961 belong to?
IFSC Code IOBA0002961 belongs to Indian Overseas Bank for its BHATAPARA RAIPUR branch, located in BHATAPARA, CHHATTISGARH. The 4-letter prefix 'IOBA' represents Indian Overseas Bank.
What is the IFSC Code for Indian Overseas Bank BHATAPARA RAIPUR branch?
The IFSC Code for Indian Overseas Bank BHATAPARA RAIPUR branch in BHATAPARA, CHHATTISGARH is IOBA0002961. It is used for NEFT, RTGS, and IMPS funds transfer.
What is the address of Indian Overseas Bank BHATAPARA RAIPUR branch?
The branch is located at: H NO 667,MAHAVIR WARD BHATAPARA DT,BALODA BAZAR,CHATTISGARH,493118, Pincode: 493118, BHATAPARA, CHHATTISGARH.
What is the MICR Code for Indian Overseas Bank BHATAPARA RAIPUR?
The MICR Code for electronic cheque clearing at Indian Overseas Bank BHATAPARA RAIPUR is 493020201.
How can I contact Indian Overseas Bank BHATAPARA RAIPUR branch?
You can contact the branch at: Phone: +917726220151. For official national customer care, refer to Indian Overseas Bank's official banking channels.
How to decipher the IFSC code IOBA0002961?
The first 4 characters 'IOBA' represent Indian Overseas Bank. The 5th character is '0' reserved for future use. The last 6 characters '002961' represent the specific BHATAPARA RAIPUR branch code.
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