If you are searching for the IFSC code of Indian Overseas Bank, SAMROLI branch in CHIKHLI, GUJARAT, this page has every detail you need. The verified IFSC code for this branch is IOBA0002241. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the SAMROLI branch, and detailed step-by-step guides for using the IFSC IOBA0002241 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Indian Overseas Bank – SAMROLI is IOBA0002241. The first four letters IOBA are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 002241 map to this branch in CHIKHLI, GUJARAT.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Samroli |
| IFSC Code | IOBA0002241 |
| MICR Code | Refer to cheque leaf |
| Branch Address | DEVARSHI APARTMENT SAMROLI P.O CHIKHLI DIST.NAVSARI 396521 |
| City | Chikhli |
| District | Surat |
| State | Gujarat |
| STD Code | 2634 |
| Phone | 231266 |
Bank profile
Indian Overseas Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Samroli branch — IFSC IOBA0002241 — extends the bank's services to customers in and around Chikhli, Gujarat.
About this branch
The branch is located at DEVARSHI APARTMENT SAMROLI P.O CHIKHLI DIST.NAVSARI 396521. It serves the Chikhli region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Indian Overseas Bank. The IFSC IOBA0002241 is used to identify this branch on the RBI payments network.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Indian Overseas Bank's SAMROLI branch came to be assigned the code IOBA0002241.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC IOBA0002241, money simply cannot be routed to the SAMROLI branch electronically.
How to transfer money using IFSC IOBA0002241
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC IOBA0002241 across all three.
NEFT to Indian Overseas Bank, SAMROLI using IFSC IOBA0002241
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC IOBA0002241, and confirm that the system picks up Indian Overseas Bank – SAMROLI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to SAMROLI
If you need to transfer ₹2 lakh or more in one go to an account at Indian Overseas Bank's SAMROLI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IOBA0002241 while initiating the transfer and the credit will appear within minutes.
Send money instantly through IMPS
For a real-time, anytime transfer to Indian Overseas Bank – SAMROLI, use IMPS. With IFSC IOBA0002241 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IOBA0002241 for Indian Overseas Bank – SAMROLI, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – IOBA0002241 | Yes – IOBA0002241 | Yes – IOBA0002241 |
For most retail customers crediting the Samroli branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Indian Overseas Bank's SAMROLI branch, the IFSC IOBA0002241 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Products and account variants supported
Every account opened at the Samroli branch is mapped to IFSC IOBA0002241 on the RBI payments network. The branch generally supports the full retail product catalogue of Indian Overseas Bank, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains IOBA0002241.
Products and services
Customers walking into the Samroli branch can access most of Indian Overseas Bank's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC IOBA0002241
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Indian Overseas Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC IOBA0002241 and the account number together uniquely identify the Samroli branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Digital banking channels
Most day-to-day work that customers used to do at the Samroli branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC IOBA0002241 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Indian Overseas Bank – SAMROLI:
- The IFSC is exactly IOBA0002241 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Indian Overseas Bank as the bank name and SAMROLI as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
Reaching the branch
The Samroli branch sits at DEVARSHI APARTMENT SAMROLI P.O CHIKHLI DIST.NAVSARI 396521. If you are travelling from outside Chikhli, search for the branch on a maps application using the bank name and locality, or call 2634-231266 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC IOBA0002241 and your account number.
Verifying IFSC IOBA0002241 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm IOBA0002241 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 2634-231266.
- Visiting the bank's official branch locator page.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Samroli branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IOBA0002241, however, work 24x7.
Branch address & contact
Indian Overseas BankSamroli Branch
DEVARSHI APARTMENT SAMROLI P.O CHIKHLI DIST.NAVSARI 396521
Chikhli, Gujarat
Phone: 2634-231266
IFSC: IOBA0002241
Frequently asked questions
Is IFSC IOBA0002241 valid for NEFT and RTGS?
Yes. IFSC IOBA0002241 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the IFSC code of Indian Overseas Bank Samroli branch?
The IFSC code of Indian Overseas Bank, Samroli branch is IOBA0002241. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
What is the phone number of Indian Overseas Bank Samroli branch?
You can reach the branch at 2634-231266 during regular banking hours.
Is IFSC IOBA0002241 the same for all accounts at Samroli branch?
Yes. The IFSC IOBA0002241 is shared by every account held at Indian Overseas Bank's Samroli branch. Only the account number changes from customer to customer.
Can I use IFSC IOBA0002241 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0002241 to send funds instantly.
How quickly will an NEFT transfer using IOBA0002241 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Samroli reflect within 30 minutes.
Where is Indian Overseas Bank Samroli branch located?
Indian Overseas Bank's Samroli branch is located at DEVARSHI APARTMENT SAMROLI P.O CHIKHLI DIST.NAVSARI 396521, Chikhli, Gujarat.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Samroli branch but serve different purposes.
Summary
The IFSC code IOBA0002241 belongs to Indian Overseas Bank's SAMROLI branch, located at DEVARSHI APARTMENT SAMROLI P.O CHIKHLI DIST.NAVSARI 396521 in CHIKHLI, GUJARAT. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
