Indian Overseas Bank SION EAST Branch IFSC Code

IOBA 0000542
Indian Overseas Bank Logo Indian Overseas Bank
SION EAST — GREATER BOMBAY, MAHARASHTRA
MICR: 400020022 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
SION EAST
IFSC Code
IOBA0000542
MICR Code
400020022
Address
PL NO 6, SALVATION ARMY BLDG, GROUND FLOOR, SION ROAD, SION EAST, MUMBAI - 400022
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City
GREATER BOMBAY
District
MUMBAI
State
MAHARASHTRA
Contact
24094807

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0000542 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 IOBA0000542.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0000542.

IFSC Code Structure

I
O
B
A
0
0
0
0
5
4
2
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 000542 — Branch code (SION EAST)

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Frequently Asked Questions

Is IOBA0000542 valid for online transfer?
Yes, IOBA0000542 is a valid IFSC code for Indian Overseas Bank SION EAST branch in GREATER BOMBAY, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0000542 belong to?
IOBA0000542 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 SION EAST is 400020022. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0000542?
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.