IFSC Code IOBA0000051 - Indian Overseas Bank-MAHIM-Mumbai

Detail Information
IFSC Code IOBA0000051
Bank Name Indian Overseas Bank
Address 378, SADHANA, LADY JAMSHEDJI ROAD, MAHIM, MUMBAI - 400016
District Mumbai
State Maharashtra
Branch Mahim
Contact
Centre Available
IMPS Available
UPI Available
MICR 400020010
RTGS 1
NEFT Not Available
ISO3166 IN-MH
Bankcode IOBA

Overview of IOBA0000051

The IFSC code IOBA0000051 is associated with the Mumbai MAHIM Branch of Indian Overseas Bank. Located in the bustling city of Mumbai, MAHARASHTRA, this branch is one of the many Indian Overseas Bank branches that cater to the banking needs of the local residents. The code "IOBA" in IOBA0000051 represents Indian Overseas Bank Bank, while 0000051 signifies the unique branch code for MAHIM.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like IOBA0000051, for the MAHIM Branch, cannot be overstated. It acts as an address that identifies both the Indian Overseas Bank and its specific branch in Mumbai. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.

Deep Dive into IOBA0000051

The IFSC code IOBA0000051 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with Indian Overseas Bank in Mumbai. Let's break down the details:

  • IFSC Code (IOBA0000051): This unique code is essential for electronic fund transfers. The first four characters "IOBA" represent the bank's name, Indian Overseas Bank. The last six characters "0000051" are a unique identifier for the MAHIM branch.
  • Bank Name (Indian Overseas Bank): One of [country]'s leading banks, Indian Overseas Bank offers a wide range of banking products and financial services to its vast customer base.
  • Address (378, SADHANA, LADY JAMSHEDJI ROAD, MAHIM, MUMBAI - 400016): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Mumbai, MAHARASHTRA): The branch is situated in the heart of Mumbai, the capital city of MAHARASHTRA. A city known for its [CITY_FEATURES].
  • Branch (MAHIM): The [AREA_NAME] area in Mumbai is a hub of activity, and the Indian Overseas Bank branch here caters to both individual and business banking needs.
  • Phone Number (24461364): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.

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