INDIAN OVERSEAS BANKVerified Feb 2026

INDIAN OVERSEAS BANK IFSC Code – SATARA, SATARA

Complete bank details including IFSC code, MICR code, address and payment facilities for SATARA branch.

IFSC Code
IOBA0001947

Bank Details

Bank NameINDIAN OVERSEAS BANK
Branch NameSATARA
IFSC CodeIOBA0001947
MICR Code415020001
AddressPLATINA HEIGHTS,GROUND FLOOR S NO 287,KARANJI,RADHIKA ROAD SATARA PIN 415002
CitySATARA
StateMAHARASHTRA
Contact237778

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code IOBA0001947

The IFSC code IOBA0001947 uniquely identifies the SATARA branch of INDIAN OVERSEAS BANK located in SATARA, 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 IOBA0001947

  • 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 (001947) – Unique branch identifier for SATARA

How to Use IFSC Code IOBA0001947

To transfer money to any account at INDIAN OVERSEAS BANK SATARA branch, you will need to provide the IFSC code IOBA0001947 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at SATARA

  • 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 SATARA Branch

INDIAN OVERSEAS BANK SATARA is a branch of INDIAN OVERSEAS BANK located in SATARA, MAHARASHTRA. The branch provides comprehensive banking services to customers in SATARA and surrounding areas.

Branch Address

PLATINA HEIGHTS,GROUND FLOOR S NO 287,KARANJI,RADHIKA ROAD SATARA PIN 415002, SATARA, 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 415020001. 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 SATARA?

The IFSC code of INDIAN OVERSEAS BANK SATARA branch in SATARA is IOBA0001947.

What is the MICR code of INDIAN OVERSEAS BANK SATARA?

The MICR code of INDIAN OVERSEAS BANK SATARA branch is 415020001.

What is the address of INDIAN OVERSEAS BANK SATARA?

INDIAN OVERSEAS BANK SATARA branch is located at PLATINA HEIGHTS,GROUND FLOOR S NO 287,KARANJI,RADHIKA ROAD SATARA PIN 415002.

Does INDIAN OVERSEAS BANK SATARA support NEFT/RTGS/IMPS?

INDIAN OVERSEAS BANK SATARA branch supports NEFT, RTGS, IMPS, and UPI transactions.