Indian Overseas Bank SATARA Branch IFSC Code

IOBA 0001947
Indian Overseas Bank Logo Indian Overseas Bank
SATARA — SATARA, MAHARASHTRA
MICR: 415020001 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
SATARA
IFSC Code
IOBA0001947
MICR Code
415020001
Address
PLATINA HEIGHTS,GROUND FLOOR S NO 287,KARANJI,RADHIKA ROAD SATARA PIN 415002
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City
SATARA
District
SATARA
State
MAHARASHTRA
Contact
+912162237778

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0001947 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 IOBA0001947.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0001947.

IFSC Code Structure

I
O
B
A
0
0
0
1
9
4
7
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 001947 — Branch code (SATARA)

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Frequently Asked Questions

Is IOBA0001947 valid for online transfer?
Yes, IOBA0001947 is a valid IFSC code for Indian Overseas Bank SATARA branch in SATARA, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0001947 belong to?
IOBA0001947 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 SATARA is 415020001. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0001947?
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.