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Indian Overseas Bank · Bhopal

IOBA0001573: Indian Overseas Bank, Bhopal Raisen Road

IFSC code IOBA0001573 belongs to the Bhopal Raisen Road branch of Indian Overseas Bank in Bhopal, Madhya Pradesh. Its MICR code is 462020004.

IFSC
IOBA0001573
MICR
462020004
Bank
Indian Overseas Bank
Branch
Bhopal Raisen Road
District
Bhopal
State
Madhya Pradesh

Branch address

Indian Overseas Bank
Kartar Arcadem Naub Raisen Road,Bhopal PIN 462023

Open in a map · Pincode 462023: post offices and area

Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

IOBA is Indian Overseas Bank's bank code, the fifth character 0 is kept for future use, and 001573 is the code of the Bhopal Raisen Road branch. In the MICR code 462020004, 462 is the city, 020 the bank and 004 the branch.

Other Indian Overseas Bank branches in Bhopal

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of Indian Overseas Bank's Bhopal Raisen Road branch (Bhopal, Madhya Pradesh) is IOBA0001573.

  2. 462020004. MICR is printed at the bottom of the branch's cheques.

  3. Kartar Arcadem Naub Raisen Road,Bhopal PIN 462023

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IOBA0001573 with the beneficiary's account number.

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