Indian Overseas Bank MALERKOTLA Branch IFSC Code

IOBA 0002111
Indian Overseas Bank Logo Indian Overseas Bank
MALERKOTLA — SANGRUR, PUNJAB
MICR: 148020112 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
MALERKOTLA
IFSC Code
IOBA0002111
MICR Code
148020112
Address
STADIUM ROAD, NEAR BUS STAND, MALERKOTLA PIN 148023
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City
SANGRUR
District
MALERKOTLA
State
PUNJAB
Contact
27891916

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0002111 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 IOBA0002111.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0002111.

IFSC Code Structure

I
O
B
A
0
0
0
2
1
1
1
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 002111 — Branch code (MALERKOTLA)

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Frequently Asked Questions

Is IOBA0002111 valid for online transfer?
Yes, IOBA0002111 is a valid IFSC code for Indian Overseas Bank MALERKOTLA branch in SANGRUR, PUNJAB. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0002111 belong to?
IOBA0002111 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 MALERKOTLA is 148020112. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0002111?
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.