Indian Overseas Bank SHOLAPUR Branch IFSC Code

IOBA 0001231
Indian Overseas Bank Logo Indian Overseas Bank
SHOLAPUR — SHOLAPUR, MAHARASHTRA
MICR: 413020002 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
SHOLAPUR
IFSC Code
IOBA0001231
MICR Code
413020002
Address
453 BY 2BHIMRATNA COMPLEX SHOP NO 5 6 AND 7 PETH SOLAPUR PIN 413002
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City
SHOLAPUR
District
SOLAPUR
State
MAHARASHTRA
Contact
+91217328168

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0001231 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 IOBA0001231.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0001231.

IFSC Code Structure

I
O
B
A
0
0
0
1
2
3
1
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 001231 — Branch code (SHOLAPUR)

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Frequently Asked Questions

Is IOBA0001231 valid for online transfer?
Yes, IOBA0001231 is a valid IFSC code for Indian Overseas Bank SHOLAPUR branch in SHOLAPUR, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0001231 belong to?
IOBA0001231 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 SHOLAPUR is 413020002. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0001231?
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.