Below are the complete branch details for Indian Overseas Bank, CHANPAI ISLAND branch, located in SAIKUL, MANIPUR. The IFSC assigned by the Reserve Bank of India to this branch is IOBA0003764. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case IOBA0003764 for Indian Overseas Bank – CHANPAI ISLAND — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, IOBA0003764 is the IFSC of Indian Overseas Bank's CHANPAI ISLAND branch. The format is fixed: IOBA = bank code, 0 = reserved, 003764 = branch identifier.
About Indian Overseas Bank
Indian Overseas Bank operates a wide network of branches across India, including the Chanpai Island branch in Saikul. 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, IOBA0003764.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Chanpai Island |
| IFSC Code | IOBA0003764 |
| MICR Code | Refer to cheque leaf |
| Branch Address | PO LAMLONG,PS LAMLAI,BLOCK ISLAND,DIST SENAPATI,STATE MANIPUR,PIN 795010 |
| City | Saikul |
| District | Senapati |
| State | Manipur |
About the Chanpai Island branch
The Chanpai Island branch of Indian Overseas Bank is situated at PO LAMLONG,PS LAMLAI,BLOCK ISLAND,DIST SENAPATI,STATE MANIPUR,PIN 795010. 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 IOBA0003764 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 CHANPAI ISLAND of Indian Overseas Bank — its own 11-character IFSC. The code IOBA0003764 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 IOBA0003764 the same way you would treat your account number — verify it once and save it carefully for future use.
Account types you can open at the Chanpai Island branch
Once you have an account at Indian Overseas Bank – CHANPAI ISLAND, the IFSC IOBA0003764 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 Chanpai Island 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 IOBA0003764
How to transfer money using IFSC IOBA0003764
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 IOBA0003764 across all three.
How to use IFSC IOBA0003764 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Indian Overseas Bank's CHANPAI ISLAND branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC IOBA0003764.
- Confirm the bank name auto-populates as Indian Overseas Bank and the branch as CHANPAI ISLAND.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to CHANPAI ISLAND
If you need to transfer ₹2 lakh or more in one go to an account at Indian Overseas Bank's CHANPAI ISLAND branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IOBA0003764 while initiating the transfer and the credit will appear within minutes.
IMPS to Indian Overseas Bank CHANPAI ISLAND (IFSC IOBA0003764)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0003764 in your mobile or internet banking app, and the money is credited to the CHANPAI ISLAND branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IOBA0003764 for Indian Overseas Bank – CHANPAI ISLAND, 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 – IOBA0003764 | Yes – IOBA0003764 | Yes – IOBA0003764 |
For most retail customers crediting the Chanpai Island 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.
UPI payments and IFSC IOBA0003764
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 – CHANPAI ISLAND is still mapped to IFSC IOBA0003764. 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 IOBA0003764 and the beneficiary's account number to complete the transfer.
Digital banking channels
Most day-to-day work that customers used to do at the Chanpai Island 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 IOBA0003764 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 Chanpai Island branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC IOBA0003764 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Common mistakes to avoid when using IFSC IOBA0003764
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Indian Overseas Bank – CHANPAI ISLAND, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
IOBA0003764. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Reaching the branch
The Chanpai Island branch sits at PO LAMLONG,PS LAMLAI,BLOCK ISLAND,DIST SENAPATI,STATE MANIPUR,PIN 795010. If you are travelling from outside Saikul, search for the branch on a maps application using the bank name and locality, or call the branch contact number 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 IOBA0003764 and your account number.
Verifying IFSC IOBA0003764 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 IOBA0003764 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on the branch contact number.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Chanpai Island 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 IOBA0003764 continue to work without interruption.
Branch address & contact
Indian Overseas BankChanpai Island Branch
PO LAMLONG,PS LAMLAI,BLOCK ISLAND,DIST SENAPATI,STATE MANIPUR,PIN 795010
Saikul, Manipur
Phone: the branch contact number
IFSC: IOBA0003764
Frequently asked questions
How quickly will an NEFT transfer using IOBA0003764 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Chanpai Island reflect within 30 minutes.
Can I use IFSC IOBA0003764 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC IOBA0003764 to send funds instantly.
Does Indian Overseas Bank Chanpai Island branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on the branch contact number to confirm.
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 Chanpai Island branch but serve different purposes.
Is IFSC IOBA0003764 the same for all accounts at Chanpai Island branch?
Yes. The IFSC IOBA0003764 is shared by every account held at Indian Overseas Bank's Chanpai Island branch. Only the account number changes from customer to customer.
How do I add Indian Overseas Bank Chanpai Island as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0003764, and complete OTP verification. Once activated, you can transfer funds at any time.
What is the IFSC code of Indian Overseas Bank Chanpai Island branch?
The IFSC code of Indian Overseas Bank, Chanpai Island branch is IOBA0003764. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Final notes
To recap: IOBA0003764 is the IFSC code of Indian Overseas Bank, CHANPAI ISLAND branch, in SAIKUL, MANIPUR. 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.
