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Indian Overseas Bank · Korea

IOBA0002657: Indian Overseas Bank, Baikunthpur

IFSC code IOBA0002657 belongs to the Baikunthpur branch of Indian Overseas Bank in Korea, Chhattisgarh. Its MICR code is 495020502.

IFSC
IOBA0002657
MICR
495020502
Bank
Indian Overseas Bank
Branch
Baikunthpur
District
Korea
State
Chhattisgarh
Phone
+917836232181

Branch address

Indian Overseas Bank
Plot No 7 Ward No 14 Jain Mandhir Road Baikunthpur Korea Chattisgarh 497335

Open in a map · Pincode 497335: 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 002657 is the code of the Baikunthpur branch. In the MICR code 495020502, 495 is the city, 020 the bank and 502 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 Baikunthpur branch (Korea, Chhattisgarh) is IOBA0002657.

  2. 495020502. MICR is printed at the bottom of the branch's cheques.

  3. Plot No 7 Ward No 14 Jain Mandhir Road Baikunthpur Korea Chattisgarh 497335

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC IOBA0002657 with the beneficiary's account number.

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