IOBA0002327: Indian Overseas Bank, Mandideep
IFSC code IOBA0002327 belongs to the Mandideep branch of Indian Overseas Bank in Raisen, Madhya Pradesh. Its MICR code is 462020007.
- IFSC
- IOBA0002327
- MICR
- 462020007
- Branch
- Mandideep
- District
- Raisen
- State
- Madhya Pradesh
Branch address
Indian Overseas Bank
2a,Indira Nagar,Opp Heg,Mandieep,Dist Raisen,Bhopal,462046
Open in a map · Pincode 462046: post offices and area
Payment systems
| System | On RBI's list for this branch | What it is for |
|---|---|---|
| NEFT | Yes | Transfers of any amount, settled in half-hourly batches, all day |
| RTGS | Yes | Large transfers (₹2 lakh and above), settled one by one in real time |
| IMPS | Yes | Instant transfers, any time, usually for smaller amounts |
| UPI | Yes | Payments 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 002327 is the code of the Mandideep branch. In the MICR code 462020007, 462 is the city, 020 the bank and 007 the branch.
IFSC and your loan
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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.
The IFSC of Indian Overseas Bank's Mandideep branch (Raisen, Madhya Pradesh) is IOBA0002327.
462020007. MICR is printed at the bottom of the branch's cheques.
2a,Indira Nagar,Opp Heg,Mandieep,Dist Raisen,Bhopal,462046
RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IOBA0002327 with the beneficiary's account number.
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