Indian Overseas Bank — SAONER Branch

NAGPUR, MAHARASHTRA

IFSC Code IOBA0003553
MICR Code N/A

Available Services

IMPS RTGS NEFT UPI

Branch Details

Bank Name Indian Overseas Bank
Branch Name SAONER
IFSC Code IOBA0003553
MICR Code N/A
SWIFT Code N/A
Address NAGPUR MAIN ROAD,BHALERAO HIGH SCHOOL,CITY SAONER,DIST NAGPUR,STATE MAHARASHTRA 441107
City NAGPUR
District SAONER
State MAHARASHTRA
Contact Number +917122533305

How to Use IOBA0003553 for Money Transfers

The IFSC code IOBA0003553 is specifically assigned to the SAONER branch of Indian Overseas Bank located in NAGPUR, MAHARASHTRA. This unique code is mandatory for routing electronic payments correctly within India.

NEFT Transfer

Use IOBA0003553 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 IOBA0003553 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 IOBA0003553 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 SAONER Branch

The SAONER branch of Indian Overseas Bank is situated in NAGPUR, MAHARASHTRA. The branch address is NAGPUR MAIN ROAD,BHALERAO HIGH SCHOOL,CITY SAONER,DIST NAGPUR,STATE MAHARASHTRA 441107. This branch supports electronic payment services including NEFT, RTGS, IMPS, and UPI. You can contact this branch at +917122533305. Always use the IFSC code IOBA0003553 when making any online fund transfer to an account held at this branch.

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