IFSC Code of Indian Overseas Bank, Din Dayal Upadhyay Nagar Branch, Chattisgarh

If you are searching for the IFSC code of Indian Overseas Bank, DIN DAYAL UPADHYAY NAGAR branch in RAIPUR, CHATTISGARH, this page has every detail you need. The verified IFSC code for this branch is IOBA0003237. 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 DIN DAYAL UPADHYAY NAGAR branch, and detailed step-by-step guides for using the IFSC IOBA0003237 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.

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 DIN DAYAL UPADHYAY NAGAR branch, the IFSC IOBA0003237 breaks down as follows: IOBA identifies the bank, 0 is the reserved character, and 003237 identifies this particular branch.

Branch details at a glance

Bank profile

Indian Overseas Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Din Dayal Upadhyay Nagar branch — IFSC IOBA0003237 — extends the bank's services to customers in and around Raipur, Chattisgarh.

About the Din Dayal Upadhyay Nagar branch

The Din Dayal Upadhyay Nagar branch of Indian Overseas Bank is situated at AT SAI KRIPA,HIG 5,SECTOR 3,PO RAVI SHANKAR UNIVERSITY,DIST RAIPUR 492010. 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 IOBA0003237 is used.

Why every Indian Overseas Bank branch has a unique IFSC

Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including DIN DAYAL UPADHYAY NAGAR of Indian Overseas Bank — its own 11-character IFSC. The code IOBA0003237 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC IOBA0003237 the same way you would treat your account number — verify it once and save it carefully for future use.

How to transfer money using IFSC IOBA0003237

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 IOBA0003237 across all three.

NEFT to Indian Overseas Bank, DIN DAYAL UPADHYAY NAGAR using IFSC IOBA0003237

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 IOBA0003237, and confirm that the system picks up Indian Overseas Bank – DIN DAYAL UPADHYAY NAGAR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC IOBA0003237

RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Indian Overseas Bank – DIN DAYAL UPADHYAY NAGAR, ensure your bank's portal accepts IFSC IOBA0003237 while registering the beneficiary. RTGS is also available 24x7.

IMPS to Indian Overseas Bank DIN DAYAL UPADHYAY NAGAR (IFSC IOBA0003237)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0003237 in your mobile or internet banking app, and the money is credited to the DIN DAYAL UPADHYAY NAGAR branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Din Dayal Upadhyay Nagar

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC IOBA0003237:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at DIN DAYAL UPADHYAY NAGAR is still linked to IFSC IOBA0003237.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

UPI payments and IFSC IOBA0003237

UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Indian Overseas Bank – DIN DAYAL UPADHYAY NAGAR is still mapped to IFSC IOBA0003237. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.

If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC IOBA0003237 and the beneficiary's account number to complete the transfer.

Account types you can open at the Din Dayal Upadhyay Nagar branch

Once you have an account at Indian Overseas Bank – DIN DAYAL UPADHYAY NAGAR, the IFSC IOBA0003237 stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Products and services

Customers walking into the Din Dayal Upadhyay Nagar 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 IOBA0003237

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 IOBA0003237 and the account number together uniquely identify the Din Dayal Upadhyay Nagar 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 Din Dayal Upadhyay Nagar 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 IOBA0003237 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 – DIN DAYAL UPADHYAY NAGAR:

• The IFSC is exactly IOBA0003237 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 DIN DAYAL UPADHYAY NAGAR 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 Din Dayal Upadhyay Nagar branch sits at AT SAI KRIPA,HIG 5,SECTOR 3,PO RAVI SHANKAR UNIVERSITY,DIST RAIPUR 492010. If you are travelling from outside Raipur, search for the branch on a maps application using the bank name and locality, or call 771-2262123 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 IOBA0003237 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC IOBA0003237 for Indian Overseas Bank – DIN DAYAL UPADHYAY NAGAR, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

Working hours

Branch counters at Din Dayal Upadhyay Nagar are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to IOBA0003237 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code IOBA0003237 belongs to Indian Overseas Bank's DIN DAYAL UPADHYAY NAGAR branch, located at AT SAI KRIPA,HIG 5,SECTOR 3,PO RAVI SHANKAR UNIVERSITY,DIST RAIPUR 492010 in RAIPUR, CHATTISGARH. 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.