Indian Overseas Bank MANDIDEEP Branch IFSC Code

IOBA 0002327
Indian Overseas Bank Logo Indian Overseas Bank
MANDIDEEP — RAISEN, MADHYA PRADESH
MICR: 462020007 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
MANDIDEEP
IFSC Code
IOBA0002327
MICR Code
462020007
Address
2A,INDIRA NAGAR,OPP HEG,MANDIEEP,DIST RAISEN,BHOPAL,462046
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City
RAISEN
District
MANDIDEEP
State
MADHYA PRADESH
Contact
232233

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0002327 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 IOBA0002327.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0002327.

IFSC Code Structure

I
O
B
A
0
0
0
2
3
2
7
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 002327 — Branch code (MANDIDEEP)

Frequently Asked Questions

Is IOBA0002327 valid for online transfer?
Yes, IOBA0002327 is a valid IFSC code for Indian Overseas Bank MANDIDEEP branch in RAISEN, MADHYA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0002327 belong to?
IOBA0002327 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 MANDIDEEP is 462020007. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0002327?
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.