IFSC Code IOBA0001002 - Indian Overseas Bank-VARANASI CANTONMENT-Varanasi

Detail Information
IFSC Code IOBA0001002
Bank Name Indian Overseas Bank
Address 52 AND 53,PATEL NGR COLONY,NEAR MINT HOUSE,NADESHAR,VARANASI CANTONMENT
District Varanasi
State Uttar pradesh
Branch Varanasi cantonment
Contact
Centre Available
IMPS Available
UPI Available
MICR 221020003
RTGS 1
NEFT Not Available
ISO3166 IN-UP
Bankcode IOBA

Overview of IOBA0001002

The IFSC code IOBA0001002 is associated with the Varanasi VARANASI CANTONMENT Branch of Indian Overseas Bank. Located in the bustling city of Varanasi, UTTAR PRADESH, 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 IOBA0001002 represents Indian Overseas Bank Bank, while 0001002 signifies the unique branch code for VARANASI CANTONMENT.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like IOBA0001002, for the VARANASI CANTONMENT Branch, cannot be overstated. It acts as an address that identifies both the Indian Overseas Bank and its specific branch in Varanasi. 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 IOBA0001002

The IFSC code IOBA0001002 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 Varanasi. Let's break down the details:

  • IFSC Code (IOBA0001002): 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 "0001002" are a unique identifier for the VARANASI CANTONMENT 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 (52 AND 53,PATEL NGR COLONY,NEAR MINT HOUSE,NADESHAR,VARANASI CANTONMENT): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Varanasi, UTTAR PRADESH): The branch is situated in the heart of Varanasi, the capital city of UTTAR PRADESH. A city known for its [CITY_FEATURES].
  • Branch (VARANASI CANTONMENT): The [AREA_NAME] area in Varanasi is a hub of activity, and the Indian Overseas Bank branch here caters to both individual and business banking needs.
  • Phone Number (2509197): 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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