Indian Overseas Bank GANGTOK Branch IFSC Code

IOBA 0001624
Indian Overseas Bank Logo Indian Overseas Bank
GANGTOK — EAST SIKKIM, SIKKIM
MICR: 737020001 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
GANGTOK
IFSC Code
IOBA0001624
MICR Code
737020001
Address
ARCADE, KAZI ROAD, GANGTOK, SIKKIM PIN 737101
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City
EAST SIKKIM
District
GANGTOK
State
SIKKIM
Contact
2551662

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0001624 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 IOBA0001624.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0001624.

IFSC Code Structure

I
O
B
A
0
0
0
1
6
2
4
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 001624 — Branch code (GANGTOK)

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Frequently Asked Questions

Is IOBA0001624 valid for online transfer?
Yes, IOBA0001624 is a valid IFSC code for Indian Overseas Bank GANGTOK branch in EAST SIKKIM, SIKKIM. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0001624 belong to?
IOBA0001624 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 GANGTOK is 737020001. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0001624?
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.