Indian Overseas Bank BORSAD Branch IFSC Code

IOBA 0004130
Indian Overseas Bank Logo Indian Overseas Bank
BORSAD — ANAND, GUJARAT
MICR: 388020005 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
BORSAD
IFSC Code
IOBA0004130
MICR Code
388020005
Address
SHOP NO. 26, BALAJI AVENUE, NR. ASMI ORTHOPEDIC HOSPITAL, NR. SD BANQUET, VASAD BORSAD ROAD, VASAD CROSSING ROAD, BORSAD-388540
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City
ANAND
District
BORSAD
State
GUJARAT

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0004130 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 IOBA0004130.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0004130.

IFSC Code Structure

I
O
B
A
0
0
0
4
1
3
0
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 004130 — Branch code (BORSAD)

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Frequently Asked Questions

Is IOBA0004130 valid for online transfer?
Yes, IOBA0004130 is a valid IFSC code for Indian Overseas Bank BORSAD branch in ANAND, GUJARAT. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0004130 belong to?
IOBA0004130 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 BORSAD is 388020005. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0004130?
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.