If you are searching for the IFSC code of Indian Overseas Bank, TILDA branch in TILDA, CHATTISGARH, this page has every detail you need. The verified IFSC code for this branch is IOBA0002323. 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 TILDA branch, and detailed step-by-step guides for using the IFSC IOBA0002323 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.
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, IOBA0002323 is the IFSC of Indian Overseas Bank's TILDA branch. The format is fixed: IOBA = bank code, 0 = reserved, 002323 = branch identifier.
About the bank
Indian Overseas Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Tilda branch in Tilda, Chattisgarh is part of this network and uses the IFSC code IOBA0002323 for all electronic settlement.
Tilda branch overview
Located at R K S PLAZA,KHARORA ROAD,TILDA,PO NEORA,DIST RAIPUR,CHATTISGARH,493114, the Tilda branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC IOBA0002323 is required for all interbank electronic transfers routed through this branch.
Branch details at a glance
| Bank Name | Indian Overseas Bank |
|---|---|
| Branch | Tilda |
| IFSC Code | IOBA0002323 |
| MICR Code | Refer to cheque leaf |
| Branch Address | R K S PLAZA,KHARORA ROAD,TILDA,PO NEORA,DIST RAIPUR,CHATTISGARH,493114 |
| City | Tilda |
| District | Raipur |
| State | Chattisgarh |
| STD Code | 7721 |
| Phone | 234293 |
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 TILDA branch came to be assigned the code IOBA0002323.
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 IOBA0002323, money simply cannot be routed to the TILDA branch electronically.
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 IOBA0002323 and the account number together uniquely identify the Tilda branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC IOBA0002323
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 IOBA0002323 across all three.
NEFT to Indian Overseas Bank, TILDA using IFSC IOBA0002323
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 IOBA0002323, and confirm that the system picks up Indian Overseas Bank – TILDA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to TILDA
If you need to transfer ₹2 lakh or more in one go to an account at Indian Overseas Bank's TILDA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC IOBA0002323 while initiating the transfer and the credit will appear within minutes.
IMPS to Indian Overseas Bank TILDA (IFSC IOBA0002323)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC IOBA0002323 in your mobile or internet banking app, and the money is credited to the TILDA branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC IOBA0002323 for Indian Overseas Bank – TILDA, 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 – IOBA0002323 | Yes – IOBA0002323 | Yes – IOBA0002323 |
For most retail customers crediting the Tilda 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 IOBA0002323
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 – TILDA is still mapped to IFSC IOBA0002323. 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 IOBA0002323 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Tilda branch is mapped to IFSC IOBA0002323 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 IOBA0002323.
Banking services available
The Tilda branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 7721-234293.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC IOBA0002323
Online banking and IFSC IOBA0002323
Indian Overseas Bank customers can register for net banking and the bank's official mobile app once their account at the TILDA branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC IOBA0002323 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
Reaching the branch
The Tilda branch sits at R K S PLAZA,KHARORA ROAD,TILDA,PO NEORA,DIST RAIPUR,CHATTISGARH,493114. If you are travelling from outside Tilda, search for the branch on a maps application using the bank name and locality, or call 7721-234293 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 IOBA0002323 and your account number.
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 – TILDA:
- The IFSC is exactly IOBA0002323 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 TILDA 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.
Working hours
Branch counters at Tilda 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 IOBA0002323 continue to work without interruption.
Verifying IFSC IOBA0002323 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 IOBA0002323 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 7721-234293.
- Visiting the bank's official branch locator page.
Branch address & contact
Indian Overseas BankTilda Branch
R K S PLAZA,KHARORA ROAD,TILDA,PO NEORA,DIST RAIPUR,CHATTISGARH,493114
Tilda, Chattisgarh
Phone: 7721-234293
IFSC: IOBA0002323
Frequently asked questions
What is the IFSC code of Indian Overseas Bank Tilda branch?
The IFSC code of Indian Overseas Bank, Tilda branch is IOBA0002323. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Does Indian Overseas Bank Tilda branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 7721-234293 to confirm.
How quickly will an NEFT transfer using IOBA0002323 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Indian Overseas Bank – Tilda reflect within 30 minutes.
How do I add Indian Overseas Bank Tilda as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC IOBA0002323, and complete OTP verification. Once activated, you can transfer funds at any time.
Where is Indian Overseas Bank Tilda branch located?
Indian Overseas Bank's Tilda branch is located at R K S PLAZA,KHARORA ROAD,TILDA,PO NEORA,DIST RAIPUR,CHATTISGARH,493114, Tilda, Chattisgarh.
Is IFSC IOBA0002323 valid for NEFT and RTGS?
Yes. IFSC IOBA0002323 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Summary
The IFSC code IOBA0002323 belongs to Indian Overseas Bank's TILDA branch, located at R K S PLAZA,KHARORA ROAD,TILDA,PO NEORA,DIST RAIPUR,CHATTISGARH,493114 in TILDA, 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.
