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Indian Overseas Bank · Latur

IOBA0002262: Indian Overseas Bank, Latur

IFSC code IOBA0002262 belongs to the Latur branch of Indian Overseas Bank in Latur, Maharashtra. Its MICR code is 413020052.

IFSC
IOBA0002262
MICR
413020052
Bank
Indian Overseas Bank
Branch
Latur
District
Latur
State
Maharashtra

Branch address

Indian Overseas Bank
Opp Tehsil Office Main Raod Latur 413512

Open in a map · Pincode 413512: 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 002262 is the code of the Latur branch. In the MICR code 413020052, 413 is the city, 020 the bank and 052 the branch.

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 Latur branch (Latur, Maharashtra) is IOBA0002262.

  2. 413020052. MICR is printed at the bottom of the branch's cheques.

  3. Opp Tehsil Office Main Raod Latur 413512

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IOBA0002262 with the beneficiary's account number.

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