IFSC Code IOBA0002877 - Indian Overseas Bank-DURG-Durg

Detail Information
IFSC Code IOBA0002877
Bank Name Indian Overseas Bank
Address OLD SDOT OFFICE BUILDING,BSNL T.E.COMPOUND,PATEL CHOWK,HEAD POST OFF,DURG,CHATTISGARH 491001
District Durg
State Chhattisgarh
Branch Durg
Contact +917882216044
Centre Available
IMPS Available
UPI Available
MICR 491020002
RTGS 1
NEFT Not Available
ISO3166 IN-CT
Bankcode IOBA

Overview of IOBA0002877

The IFSC code IOBA0002877 is associated with the Durg DURG Branch of Indian Overseas Bank. Located in the bustling city of Durg, CHHATTISGARH, 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 IOBA0002877 represents Indian Overseas Bank Bank, while 0002877 signifies the unique branch code for DURG.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like IOBA0002877, for the DURG Branch, cannot be overstated. It acts as an address that identifies both the Indian Overseas Bank and its specific branch in Durg. 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 IOBA0002877

The IFSC code IOBA0002877 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 Durg. Let's break down the details:

  • IFSC Code (IOBA0002877): 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 "0002877" are a unique identifier for the DURG 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 (OLD SDOT OFFICE BUILDING,BSNL T.E.COMPOUND,PATEL CHOWK,HEAD POST OFF,DURG,CHATTISGARH 491001): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Durg, CHHATTISGARH): The branch is situated in the heart of Durg, the capital city of CHHATTISGARH. A city known for its [CITY_FEATURES].
  • Branch (DURG): The [AREA_NAME] area in Durg is a hub of activity, and the Indian Overseas Bank branch here caters to both individual and business banking needs.
  • Phone Number (+917882216044): 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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