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IOBA0002327: Indian Overseas Bank, Mandideep

IOBA0002327 is the IFSC code of the Mandideep branch of Indian Overseas Bank in Raisen, Madhya Pradesh. Use it to send money to accounts at this branch by NEFT, RTGS or IMPS.

IFSC code
IOBA0002327
Bank
Indian Overseas Bank
Branch
Mandideep
MICR code
462020007
Address
2a,Indira Nagar,Opp Heg,Mandieep,Dist Raisen,Bhopal,462046
City
Raisen (district Mandideep)
State
Madhya Pradesh
Phone
232233
Transfers
NEFT availableRTGS availableIMPS availableUPI available

What IOBA0002327 means

  • IOBA: the bank, Indian Overseas Bank
  • 0: always zero, kept for future use
  • 002327: the Mandideep branch

To send money, add the account number, the account holder's name and IOBA0002327 as a payee in your banking app. NEFT and IMPS work round the clock; RTGS is for ₹2 lakh or more.

Other banks in Raisen

Frequently asked questions

Which bank and branch is IOBA0002327?

IOBA0002327 belongs to Indian Overseas Bank, Mandideep branch, 2a,Indira Nagar,Opp Heg,Mandieep,Dist Raisen,Bhopal,462046.

What is the MICR code of Indian Overseas Bank, Mandideep?

The MICR code is 462020007. It is printed at the bottom of cheques from this branch.

Can I use IOBA0002327 for RTGS and IMPS?

NEFT, RTGS, IMPS transfers are enabled for this branch.

Sources

Last checked on 19 September 2026. IFSC data comes from RBI’s list, refreshed monthly. Banks sometimes merge or move branches; confirm the code on your cheque book or with your bank before a large transfer.