Indian Overseas Bank BHILAI NAGAR Branch IFSC Code
IOBA 0001843
Indian Overseas Bank BHILAI NAGAR — BHILAI, CHHATTISGARH
MICR: 490020002
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- Indian Overseas Bank
- Branch
- BHILAI NAGAR
- IFSC Code
- IOBA0001843
- MICR Code
- 490020002
- City
- BHILAI
- District
- BHILAINAGAR
- State
- CHHATTISGARH
- Contact
- +917882293277
How to Use This IFSC Code
NEFT Transfer
Use IFSC code IOBA0001843 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 IOBA0001843.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0001843.
IFSC Code Structure
I
O
B
A
0
0
0
1
8
4
3
- IOBA — Bank code (Indian Overseas Bank)
- 0 — Reserved (always 0)
- 001843 — Branch code (BHILAI NAGAR)
Frequently Asked Questions
Is IOBA0001843 valid for online transfer?
Yes, IOBA0001843 is a valid IFSC code for Indian Overseas Bank BHILAI NAGAR branch in BHILAI, CHHATTISGARH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0001843 belong to?
IOBA0001843 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 BHILAI NAGAR is 490020002. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0001843?
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.