This page lists the IFSC code, branch address, contact number and fund-transfer information for Indian Overseas Bank, NEORI branch in NEORI. The 11-digit IFSC IOBA0000783 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Indian Overseas Bank at the NEORI location, this is the only IFSC you need.
We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Indian Overseas Bank's NEORI branch, the IFSC IOBA0000783 breaks down as follows: IOBA identifies the bank, 0 is the reserved character, and 000783 identifies this particular branch.
About Indian Overseas Bank
Indian Overseas Bank operates a wide network of branches across India, including the Neori branch in Neori. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, IOBA0000783.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Neori |
| IFSC Code | IOBA0000783 |
| MICR Code | Refer to cheque leaf |
| Branch Address | VIKAS VIDYALAYA ,NEORI PIN 835217 |
| City | Neori |
| District | Ranchi |
| State | Jharkhand |
| Phone | 2275889 |
About the Neori branch
The Neori branch of Indian Overseas Bank is situated at VIKAS VIDYALAYA ,NEORI PIN 835217. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code IOBA0000783 is used.
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 NEORI branch came to be assigned the code IOBA0000783.
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 IOBA0000783, money simply cannot be routed to the NEORI branch electronically.
Products and account variants supported
Every account opened at the Neori branch is mapped to IFSC IOBA0000783 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 IOBA0000783.
Products and services
Customers walking into the Neori 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 IOBA0000783
How to transfer money using IFSC IOBA0000783
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 IOBA0000783 across all three.
NEFT to Indian Overseas Bank, NEORI using IFSC IOBA0000783
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 IOBA0000783, and confirm that the system picks up Indian Overseas Bank – NEORI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to NEORI
If you need to transfer ₹2 lakh or more in one go to an account at Indian Overseas Bank's NEORI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IOBA0000783 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 – NEORI, use IMPS. With IFSC IOBA0000783 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 IOBA0000783 for Indian Overseas Bank – NEORI, 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 – IOBA0000783 | Yes – IOBA0000783 | Yes – IOBA0000783 |
For most retail customers crediting the Neori 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 NEORI branch, the IFSC IOBA0000783 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.
Digital banking channels
Most day-to-day work that customers used to do at the Neori 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 IOBA0000783 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.
MICR & cheque-truncation details
Cheques drawn on the Neori branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IOBA0000783 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
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 – NEORI:
- The IFSC is exactly IOBA0000783 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 NEORI 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.
How to reach the Neori branch
The branch is located at VIKAS VIDYALAYA ,NEORI PIN 835217, which puts it inside Neori, the broader Ranchi district, and the state of Jharkhand. To plan your visit:
- Open Google Maps on your phone and search for “Indian Overseas Bank Neori branch” — the verified location pin for IFSC IOBA0000783 should appear at the top of the results.
- Confirm the branch is open by calling 2275889 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC IOBA0000783 and your account number.
Verifying IFSC IOBA0000783 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 IOBA0000783 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 2275889.
- 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 Neori branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC IOBA0000783, however, work 24x7.
Branch address & contact
Indian Overseas BankNeori Branch
VIKAS VIDYALAYA ,NEORI PIN 835217
Neori, Jharkhand
Phone: 2275889
IFSC: IOBA0000783
Frequently asked questions
Is IFSC IOBA0000783 the same for all accounts at Neori branch?
Yes. The IFSC IOBA0000783 is shared by every account held at Indian Overseas Bank's Neori branch. Only the account number changes from customer to customer.
Where is Indian Overseas Bank Neori branch located?
Indian Overseas Bank's Neori branch is located at VIKAS VIDYALAYA ,NEORI PIN 835217, Neori, Jharkhand.
How quickly will an NEFT transfer using IOBA0000783 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Neori reflect within 30 minutes.
How do I add Indian Overseas Bank Neori as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0000783, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the IFSC code of Indian Overseas Bank Neori branch?
The IFSC code of Indian Overseas Bank, Neori branch is IOBA0000783. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Is IFSC IOBA0000783 valid for NEFT and RTGS?
Yes. IFSC IOBA0000783 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Final notes
To recap: IOBA0000783 is the IFSC code of Indian Overseas Bank, NEORI branch, in NEORI, JHARKHAND. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
