INDIAN OVERSEAS BANK IFSC Code – RAYAGADA, RAYAGADA
Complete bank details including IFSC code, MICR code, address and payment facilities for RAYAGADA branch.
Bank Details
| Bank Name | INDIAN OVERSEAS BANK |
| Branch Name | RAYAGADA |
| IFSC Code | IOBA0000283 |
| MICR Code | 765020002 |
| Address | 8 55, STATION ROAD, NEW COLONY, RAYAGADA PO PIN 765001 |
| City | RAYAGADA |
| State | ODISHA |
| Contact | 222169 |
Payment Facilities
About IFSC Code IOBA0000283
The IFSC code IOBA0000283 uniquely identifies the RAYAGADA branch of INDIAN OVERSEAS BANK located in RAYAGADA, ODISHA. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code IOBA0000283
- First 4 characters (IOBA) – Represents INDIAN OVERSEAS BANK bank code assigned by RBI
- 5th character (0) – Reserved for future use (always 0)
- Last 6 characters (000283) – Unique branch identifier for RAYAGADA
How to Use IFSC Code IOBA0000283
To transfer money to any account at INDIAN OVERSEAS BANK RAYAGADA branch, you will need to provide the IFSC code IOBA0000283 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at RAYAGADA
- NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
- RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
- IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
- UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID
About INDIAN OVERSEAS BANK RAYAGADA Branch
INDIAN OVERSEAS BANK RAYAGADA is a branch of INDIAN OVERSEAS BANK located in RAYAGADA, ODISHA. The branch provides comprehensive banking services to customers in RAYAGADA and surrounding areas.
Branch Address
8 55, STATION ROAD, NEW COLONY, RAYAGADA PO PIN 765001, RAYAGADA, ODISHA
Services Available
This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).
MICR Code Information
The MICR (Magnetic Ink Character Recognition) code for this branch is 765020002. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.
Important Information
Transfer Timings
- NEFT: 24x7, 365 days (Settled in half-hourly batches)
- RTGS: 24x7, 365 days (Real-time for ₹2L+)
- IMPS: 24x7, 365 days (Instant)
- UPI: 24x7, 365 days (Instant)
Verification Tips
- Always verify IFSC code before transferring money
- Cross-check with bank passbook or cheque book
- IFSC codes may change after bank mergers
- Contact branch for latest information
Frequently Asked Questions
What is the IFSC code of INDIAN OVERSEAS BANK RAYAGADA?
The IFSC code of INDIAN OVERSEAS BANK RAYAGADA branch in RAYAGADA is IOBA0000283.
What is the MICR code of INDIAN OVERSEAS BANK RAYAGADA?
The MICR code of INDIAN OVERSEAS BANK RAYAGADA branch is 765020002.
What is the address of INDIAN OVERSEAS BANK RAYAGADA?
INDIAN OVERSEAS BANK RAYAGADA branch is located at 8 55, STATION ROAD, NEW COLONY, RAYAGADA PO PIN 765001.
Does INDIAN OVERSEAS BANK RAYAGADA support NEFT/RTGS/IMPS?
INDIAN OVERSEAS BANK RAYAGADA branch supports NEFT, RTGS, IMPS, and UPI transactions.