Indian Overseas Bank — SNEH NAGAR Branch

INDORE, MADHYA PRADESH

IFSC Code IOBA0001505
MICR Code 452020003

Available Services

IMPS RTGS NEFT UPI

Branch Details

Bank Name Indian Overseas Bank
Branch Name SNEH NAGAR
IFSC Code IOBA0001505
MICR Code 452020003
SWIFT Code N/A
Address 4 SCHEME 47,RATAN GANGA,NEAR SAPNASANGEET CINEMA,INDORE
City INDORE
District INDORE
State MADHYA PRADESH
Contact Number 2468955

How to Use IOBA0001505 for Money Transfers

The IFSC code IOBA0001505 is specifically assigned to the SNEH NAGAR branch of Indian Overseas Bank located in INDORE, MADHYA PRADESH. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use IOBA0001505 when adding this branch as a beneficiary in NEFT transactions. NEFT operates in half-hourly batches from 12:30 AM to 12:00 AM on all days. Enter the IFSC, account number, and account holder name carefully to ensure successful transfer.

RTGS Transfer

For high-value transactions above ₹2 lakh, RTGS offers real-time gross settlement. Use IOBA0001505 along with the beneficiary's exact account number. RTGS is available on working days from 7:00 AM to 6:00 PM.

IMPS & UPI

IMPS and UPI allow instant 24×7 transfers. While UPI apps often auto-resolve the IFSC from the VPA, mobile banking apps require IOBA0001505 when registering a new beneficiary.

Always double-check the account number before confirming any transfer — the IFSC routes funds to the correct branch, but the account number specifies the exact recipient.

⚠ Important Reminder Always verify the beneficiary account number and name before initiating a transfer. An incorrect account number may result in failed or misdirected transactions.

About Indian Overseas Bank SNEH NAGAR Branch

The SNEH NAGAR branch of Indian Overseas Bank is situated in INDORE, MADHYA PRADESH. The branch address is 4 SCHEME 47,RATAN GANGA,NEAR SAPNASANGEET CINEMA,INDORE. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at 2468955. Always use the IFSC code IOBA0001505 when making any online fund transfer to an account held at this branch.

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