Indian Overseas Bank NEW PANVEL Branch IFSC Code

IOBA 0001425
Indian Overseas Bank Logo Indian Overseas Bank
NEW PANVEL — RAIGAD, MAHARASHTRA
MICR: 400020046 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
NEW PANVEL
IFSC Code
IOBA0001425
MICR Code
400020046
Address
PL NO 13 B PRAJAPATI HOUSE SECTOR 19 PANVEL MATHERAN NEW PANVEL EAST PIN 410206
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City
RAIGAD
District
PANVEL
State
MAHARASHTRA
Contact
7458899

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0001425 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 IOBA0001425.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0001425.

IFSC Code Structure

I
O
B
A
0
0
0
1
4
2
5
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 001425 — Branch code (NEW PANVEL)

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Frequently Asked Questions

Is IOBA0001425 valid for online transfer?
Yes, IOBA0001425 is a valid IFSC code for Indian Overseas Bank NEW PANVEL branch in RAIGAD, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0001425 belong to?
IOBA0001425 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 NEW PANVEL is 400020046. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0001425?
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.