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IFSC Code IOBA0001671 - Indian Overseas Bank-BALAJIPET-Rajahmundry

Detail Information
IFSC Code IOBA0001671
Bank Name Indian Overseas Bank
Address SRI SATYA SAI GURUKULA,GURUKULAM ROAD,RAJAHMUNDRY,PIN 533101
District East Godavari
State ANDHRA PRADESH
Branch Balajipet
Contact
Centre Available
IMPS Available
UPI Available
MICR 533020104
RTGS 1
NEFT Not Available
ISO3166 IN-AP
Bankcode IOBA

Overview of IOBA0001671

The IFSC code IOBA0001671 is associated with the Rajahmundry BALAJIPET Branch of Indian Overseas Bank. Located in the bustling city of Rajahmundry, ANDHRA 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 IOBA0001671 represents Indian Overseas Bank Bank, while 0001671 signifies the unique branch code for BALAJIPET.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like IOBA0001671, for the BALAJIPET Branch, cannot be overstated. It acts as an address that identifies both the Indian Overseas Bank and its specific branch in Rajahmundry. 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 IOBA0001671

The IFSC code IOBA0001671 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 Rajahmundry. Let's break down the details:

  • IFSC Code (IOBA0001671): 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 "0001671" are a unique identifier for the BALAJIPET 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 (SRI SATYA SAI GURUKULA,GURUKULAM ROAD,RAJAHMUNDRY,PIN 533101): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Rajahmundry, ANDHRA PRADESH): The branch is situated in the heart of Rajahmundry, the capital city of ANDHRA PRADESH. A city known for its [CITY_FEATURES].
  • Branch (BALAJIPET): The [AREA_NAME] area in Rajahmundry is a hub of activity, and the Indian Overseas Bank branch here caters to both individual and business banking needs.
  • Phone Number (2376559): 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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