Indian Overseas Bank ITOLA Branch IFSC Code

IOBA 0000701
Indian Overseas Bank Logo Indian Overseas Bank
ITOLA — VADODARA, GUJARAT
MICR: 391020502 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
ITOLA
IFSC Code
IOBA0000701
MICR Code
391020502
Address
ITOLA ROAD ITOLA BARODA PIN 391240
Open in Google Maps
City
VADODARA
District
ITOLA
State
GUJARAT
Contact
2830056

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0000701 to send money via NEFT to this branch. NEFT transfers are processed in hourly batches during working hours. No minimum amount required.

RTGS Transfer

This branch supports RTGS for high-value instant transfers above ₹2 lakhs. Use the same IFSC code IOBA0000701.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0000701.

IFSC Code Structure

I
O
B
A
0
0
0
0
7
0
1
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 000701 — Branch code (ITOLA)

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Frequently Asked Questions

Is IOBA0000701 valid for online transfer?
Yes, IOBA0000701 is a valid IFSC code for Indian Overseas Bank ITOLA branch in VADODARA, GUJARAT. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0000701 belong to?
IOBA0000701 belongs to Indian Overseas Bank. The first 4 characters "IOBA" identify the bank.
What is the MICR code for this branch?
The MICR code for Indian Overseas Bank ITOLA is 391020502. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0000701?
Yes, this branch supports RTGS (Real Time Gross Settlement). RTGS is used for high-value instant transfers above ₹2 lakhs. Available on working days during RBI specified hours.