Indian Overseas Bank Bilkanda Muragachha IFSC Code
Indian Overseas Bank
IFSC · Used for NEFT, IMPS & RTGS
MICR · Used for Cheque Clearance
Branch
Bilkanda Muragachha
Address
Opp Bilkanda Panchayat Off,2 P O Jugberia,sodepur Raod,dist North 24 Parganas,kokatta 700110
View on Google MapsDistrict
Barrackpur
State
West Bengal
🔍 Search for another branch
Top Financial Tools for Indian Overseas Bank Customers
Free calculators — no login required
Indian Overseas Bank Home Loan EMI Calculator
Calculate EMI, total interest & amortisation schedule
Indian Overseas Bank SIP Calculator
Project wealth from monthly mutual fund investments
Indian Overseas Bank FD Calculator
Estimate fixed deposit maturity with quarterly compounding
Indian Overseas Bank Car Loan EMI Calculator
Find your monthly instalment & total loan cost
Other Indian Overseas Bank Branches in Barrackpur
2 nearby branches — click to view IFSC
Frequently Asked Questions
About Indian Overseas Bank Bilkanda Muragachha (opp Bilkanda Panchayat - 2315), Barrackpur
The IFSC code IOBA0002315 (lowercase: ioba0002315) belongs to Indian Overseas Bank, specifically the Bilkanda Muragachha (opp Bilkanda Panchayat - 2315) branch located in Barrackpur, West Bengal.
The 5th character in the IFSC code IOBA0002315 is a zero (0), not the letter 'O'. The correct format is IOBA0002315 (lowercase: ioba0002315), and not IOBAO002315. According to RBI guidelines, the fifth character of all IFSC codes is reserved as a zero.
The IFSC code of Indian Overseas Bank Bilkanda Muragachha (opp Bilkanda Panchayat - 2315) in Barrackpur, West Bengal is IOBA0002315. This 11-character code is required for all NEFT, RTGS and IMPS electronic fund transfers to this branch.
Indian Overseas Bank Bilkanda Muragachha (opp Bilkanda Panchayat - 2315) is located at Opp Bilkanda Panchayat Off,2 P O Jugberia,sodepur Raod,dist North 24 Parganas,kokatta 700110, Barrackpur, West Bengal. You can click the "View on Google Maps" button on this page to get directions.
The MICR (Magnetic Ink Character Recognition) code of Indian Overseas Bank Bilkanda Muragachha (opp Bilkanda Panchayat - 2315) is 700020076. MICR codes are used for cheque processing and are printed at the bottom of cheque leaves in magnetic ink.
Yes. IFSC code IOBA0002315 is valid for all three RBI-regulated transfer modes: NEFT (settled in 30-minute batches, no minimum), RTGS (real-time, minimum ₹2 lakh), and IMPS (instant, up to ₹5 lakh). All modes are available 24×7×365 as per RBI guidelines issued in December 2019.
You can verify IFSC code IOBA0002315 by checking: (1) The top-left corner of any Indian Overseas Bank Bilkanda Muragachha (opp Bilkanda Panchayat - 2315) cheque leaf, (2) The first page of your Indian Overseas Bank passbook, (3) Your net banking or mobile banking app under "Branch Details", or (4) The RBI's official IFSC lookup at rbi.org.in.
Understanding IFSC Code: IOBA0002315
Decoded structure — 4 + 1 + 6 characters
Visual Breakdown
Swipe to see all
IOBA0002315
What Each Part Means
- Bank Code — IOBA
- The first 4 characters uniquely identify Indian Overseas Bank at the national level. Every branch of Indian Overseas Bank across all states shares this same prefix. It is assigned by the RBI and never changes.
- Reserved — 0
- The 5th character is always 0 (zero), reserved by the RBI for future use. It acts as a separator between the bank identifier and the branch-specific code and is mandatory in all electronic fund transfer systems.
- Branch Code — 002315
- The final 6 characters 002315 uniquely identify this specific branch within the Indian Overseas Bank network. No two branches share the same branch code. Use this code to verify you have the correct branch before initiating any NEFT, RTGS, or IMPS transfer.
| Segment | Chars | Value | Purpose |
|---|---|---|---|
| Bank Code | 1–4 | IOBA | Identifies Indian Overseas Bank |
| Reserved | 5 | 0 | RBI reserved (always 0) |
| Branch Code | 6–11 | 002315 | Unique to this branch |
Where to Find IFSC & MICR on Your Cheque
Interactive cheque leaf mockup — highlighted fields show live values from this branch
Swipe left to view full cheque
Indian Overseas Bank
Bilkanda Muragachha (opp Bilkanda Panchayat - 2315), Barrackpur, West Bengal
Cheque No.
00002315
A/c No.
Authorised Signatory
IFSC vs MICR — Functional Comparison
Two different codes, two different banking systems
| Feature | IFSC Code | MICR Code |
|---|---|---|
| Full Form | Indian Financial System Code | Magnetic Ink Character Recognition |
| Length & Format | 11 characters — alphanumeric | 9 digits — numeric only |
| This Branch | IOBA0002315 | 700020076 |
| Primary Use | Electronic fund transfers: NEFT, RTGS, IMPS, UPI | Physical cheque clearing at clearing houses |
| Medium | Digital / online — no physical document needed | Printed in magnetic ink on cheque leaf bottom band |
| Processing Speed | Real-time (IMPS/UPI) or 30-min batches (NEFT) | T+1 or T+2 clearing cycle via RBI clearing houses |
| Where to Find It | Cheque leaf (top area), passbook first page, net banking | Bottom band of cheque leaf (the printed magnetic strip) |
| Assigned By | RBI — permanent unless branch is relocated/merged | RBI — encodes city (3) + bank (3) + branch (3) digits |
| Required For | Adding a payee / beneficiary for online transfer | Cheque book issuance and clearing house processing |
Source: Reserve Bank of India (RBI) Payment Systems Guidelines. IFSC mandatory for NEFT/RTGS/IMPS since 2010; MICR used by CTS-2010 standard cheque clearing.