Indian Overseas Bank Logo
Verified Branch

Indian Overseas Bank

NAYA RAIPUR Branch, RAIPUR

IFSC Code
IOBA0003929
Required for NEFT, RTGS, IMPS money transfers
MICR Code
N/A
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

IOBA Bank Code (1-4)
0 Control Zero (5th)
003929 Branch Code (6-11)

Complete Branch Details

Full Address TOWER C,SHOP NO 12 AND 13,COMMERCIAL COMPLEX,CBD,SECTOR 21,NAYA RAIPUR,ATAL NAGAR,RAIPUR C.G 492002
State CHHATTISGARH
District / City RAIPUR
Centre / Region RAIPUR
Contact / Helpline 1800 1800 (Toll Free)
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Electronic Transfer Capabilities & Limits

NEFT

Available 24x7

Half-hourly batch clearance

RTGS

Min. ₹2 Lakh

Real-time gross settlement

IMPS

Instant Transfer

Up to ₹5 Lakh limit

UPI / QR

1-Tap VPA

GPay, PhonePe, Paytm

How to Transfer Money to this Branch

  1. Log in to your mobile banking app or Internet Banking portal (SBI, HDFC, ICICI, etc.).
  2. Navigate to Fund Transfer → Add Beneficiary / Payee.
  3. Enter the recipient's Account Number and paste IFSC code IOBA0003929.
  4. Confirm bank name displays as Indian Overseas Bank and branch as NAYA RAIPUR.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (IOBA0003929)

What is the IFSC code of Indian Overseas Bank NAYA RAIPUR branch?

The verified 11-digit IFSC code is IOBA0003929. This unique alphanumeric code is used for routing electronic fund transfers via NEFT, RTGS, IMPS, and clearing networks across India.

Can I transfer money on Sundays and bank holidays using this IFSC code?

Yes! Under Reserve Bank of India (RBI) directives, NEFT, RTGS, IMPS, and UPI operate 24x7x365, including Sundays, second/fourth Saturdays, and public holidays. Electronic transfers will be processed automatically without branch intervention.

What is the MICR code of Indian Overseas Bank NAYA RAIPUR?

The 9-digit Magnetic Ink Character Recognition (MICR) code is N/A. It is printed on cheque leaves for high-speed automated sorting at RBI clearing houses.

Where is the branch located?

The official branch address is TOWER C,SHOP NO 12 AND 13,COMMERCIAL COMPLEX,CBD,SECTOR 21,NAYA RAIPUR,ATAL NAGAR,RAIPUR C.G 492002, located in RAIPUR district, CHHATTISGARH.