Indian Overseas Bank CHEDDA NAGAR Branch IFSC Code

IOBA 0000487
Indian Overseas Bank Logo Indian Overseas Bank
CHEDDA NAGAR — GREATER MUMBAI, MAHARASHTRA
MICR: 400020025 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
CHEDDA NAGAR
IFSC Code
IOBA0000487
MICR Code
400020025
Address
SRI SUBRAMANYA SAMAJ TEMPLE COMPLEX ANNEX, CHEDDA NAGAR, CHEMBUR, MUMBAI - 400089
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City
GREATER MUMBAI
District
MUMBAI
State
MAHARASHTRA
Contact
25255134

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0000487 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 IOBA0000487.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0000487.

IFSC Code Structure

I
O
B
A
0
0
0
0
4
8
7
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 000487 — Branch code (CHEDDA NAGAR)

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Frequently Asked Questions

Is IOBA0000487 valid for online transfer?
Yes, IOBA0000487 is a valid IFSC code for Indian Overseas Bank CHEDDA NAGAR branch in GREATER MUMBAI, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0000487 belong to?
IOBA0000487 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 CHEDDA NAGAR is 400020025. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0000487?
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.