Indian Overseas Bank MATUNGA Branch IFSC Code

IOBA 0000056
Indian Overseas Bank Logo Indian Overseas Bank
MATUNGA — GREATER BOMBAY, MAHARASHTRA
MICR: 400020012 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
MATUNGA
IFSC Code
IOBA0000056
MICR Code
400020012
Address
590, KAPOL NIWAS, DR AMBEDKAR ROAD, MATUNGA, MUMBAI - 400019
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City
GREATER BOMBAY
District
MUMBAI
State
MAHARASHTRA
Contact
24126303

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0000056 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.

RTGS Transfer

This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code IOBA0000056.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0000056.

IFSC Code Structure

I
O
B
A
0
0
0
0
0
5
6
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 000056 — Branch code (MATUNGA)

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Frequently Asked Questions

Is IOBA0000056 valid for online transfer?
Yes, IOBA0000056 is a valid IFSC code for Indian Overseas Bank MATUNGA branch in GREATER BOMBAY, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0000056 belong to?
IOBA0000056 belongs to Indian Overseas Bank. The first 4 characters "IOBA" identify the bank.
What is the MICR code for this branch?
The MICR code for Indian Overseas Bank MATUNGA is 400020012. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0000056?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.