INDIAN OVERSEAS BANK IFSC Code – MUMBAI WADALA, MUMBAI
Complete bank details including IFSC code, MICR code, address and payment facilities for MUMBAI WADALA branch.
Bank Details
| Bank Name | INDIAN OVERSEAS BANK |
| Branch Name | MUMBAI WADALA |
| IFSC Code | IOBA0000431 |
| MICR Code | 400020024 |
| Address | 20 BY 9, ARIHANT RAFI AHMED KIDWAI ROAD, WADALA, MUMBAI PIN 400031 |
| City | MUMBAI |
| District | GREATER BOMBAY |
| State | MAHARASHTRA |
| Contact | 28584896 |
Payment Facilities
About IFSC Code IOBA0000431
The IFSC code IOBA0000431 uniquely identifies the MUMBAI WADALA branch of INDIAN OVERSEAS BANK located in MUMBAI, MAHARASHTRA. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code IOBA0000431
- 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 (000431) – Unique branch identifier for MUMBAI WADALA
How to Use IFSC Code IOBA0000431
To transfer money to any account at INDIAN OVERSEAS BANK MUMBAI WADALA branch, you will need to provide the IFSC code IOBA0000431 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at MUMBAI WADALA
- 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 MUMBAI WADALA Branch
INDIAN OVERSEAS BANK MUMBAI WADALA is a branch of INDIAN OVERSEAS BANK located in MUMBAI, MAHARASHTRA. The branch provides comprehensive banking services to customers in MUMBAI and surrounding areas.
Branch Address
20 BY 9, ARIHANT RAFI AHMED KIDWAI ROAD, WADALA, MUMBAI PIN 400031, MUMBAI, MAHARASHTRA
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 400020024. 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 MUMBAI WADALA?
The IFSC code of INDIAN OVERSEAS BANK MUMBAI WADALA branch in MUMBAI is IOBA0000431.
What is the MICR code of INDIAN OVERSEAS BANK MUMBAI WADALA?
The MICR code of INDIAN OVERSEAS BANK MUMBAI WADALA branch is 400020024.
What is the address of INDIAN OVERSEAS BANK MUMBAI WADALA?
INDIAN OVERSEAS BANK MUMBAI WADALA branch is located at 20 BY 9, ARIHANT RAFI AHMED KIDWAI ROAD, WADALA, MUMBAI PIN 400031.
Does INDIAN OVERSEAS BANK MUMBAI WADALA support NEFT/RTGS/IMPS?
INDIAN OVERSEAS BANK MUMBAI WADALA branch supports NEFT, RTGS, IMPS, and UPI transactions.