Indian Overseas Bank DAUD NAGAR AURANGABAD Branch IFSC Code

IOBA 0004053
Indian Overseas Bank Logo Indian Overseas Bank
DAUD NAGAR AURANGABAD — AURANGABAD, BIHAR
MICR: 824020003 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
DAUD NAGAR AURANGABAD
IFSC Code
IOBA0004053
MICR Code
824020003
Address
GROUND FLOOR,PATNA ROAD (NH 139),OPP URMILA GAS AGENCY,DAUD NAGAR,AURANGABAD,BIHAR 824143
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City
AURANGABAD
District
AURANGABAD
State
BIHAR

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0004053 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 IOBA0004053.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0004053.

IFSC Code Structure

I
O
B
A
0
0
0
4
0
5
3
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 004053 — Branch code (DAUD NAGAR AURANGABAD)

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Frequently Asked Questions

Is IOBA0004053 valid for online transfer?
Yes, IOBA0004053 is a valid IFSC code for Indian Overseas Bank DAUD NAGAR AURANGABAD branch in AURANGABAD, BIHAR. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0004053 belong to?
IOBA0004053 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 DAUD NAGAR AURANGABAD is 824020003. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0004053?
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.