INDIAN OVERSEAS BANK IFSC Code – MUGAL SARAI, CHANDAULI
Complete bank details including IFSC code, MICR code, address and payment facilities for MUGAL SARAI branch.
Bank Details
| Bank Name | INDIAN OVERSEAS BANK |
| Branch Name | MUGAL SARAI |
| IFSC Code | IOBA0002859 |
| MICR Code | 232020102 |
| Address | 581 G T ROAD,NAIBASTI MUGAL SARAI,CHANDAULI DIST 232101 |
| City | CHANDAULI |
| State | UTTAR PRADESH |
| Contact | 28584896 |
Payment Facilities
About IFSC Code IOBA0002859
The IFSC code IOBA0002859 uniquely identifies the MUGAL SARAI branch of INDIAN OVERSEAS BANK located in CHANDAULI, UTTAR PRADESH. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.
Understanding IFSC Code IOBA0002859
- 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 (002859) – Unique branch identifier for MUGAL SARAI
How to Use IFSC Code IOBA0002859
To transfer money to any account at INDIAN OVERSEAS BANK MUGAL SARAI branch, you will need to provide the IFSC code IOBA0002859 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.
Transfer Methods Available at MUGAL SARAI
- 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 MUGAL SARAI Branch
INDIAN OVERSEAS BANK MUGAL SARAI is a branch of INDIAN OVERSEAS BANK located in CHANDAULI, UTTAR PRADESH. The branch provides comprehensive banking services to customers in CHANDAULI and surrounding areas.
Branch Address
581 G T ROAD,NAIBASTI MUGAL SARAI,CHANDAULI DIST 232101, CHANDAULI, UTTAR PRADESH
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 232020102. 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 MUGAL SARAI?
The IFSC code of INDIAN OVERSEAS BANK MUGAL SARAI branch in CHANDAULI is IOBA0002859.
What is the MICR code of INDIAN OVERSEAS BANK MUGAL SARAI?
The MICR code of INDIAN OVERSEAS BANK MUGAL SARAI branch is 232020102.
What is the address of INDIAN OVERSEAS BANK MUGAL SARAI?
INDIAN OVERSEAS BANK MUGAL SARAI branch is located at 581 G T ROAD,NAIBASTI MUGAL SARAI,CHANDAULI DIST 232101.
Does INDIAN OVERSEAS BANK MUGAL SARAI support NEFT/RTGS/IMPS?
INDIAN OVERSEAS BANK MUGAL SARAI branch supports NEFT, RTGS, IMPS, and UPI transactions.