Indian Overseas Bank AKOLA Branch IFSC Code

IOBA 0002232
Indian Overseas Bank Logo Indian Overseas Bank
AKOLA — AHMADNAGAR, MAHARASHTRA
MICR: 444020002 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
AKOLA
IFSC Code
IOBA0002232
MICR Code
444020002
Address
TAHKURDAS HEIGHTS,OPP.MSEB OFFICE,RATANLAL PLOT,DURGA CHOWK,AKOLA,PIN 444001
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City
AHMADNAGAR
District
AKOLA
State
MAHARASHTRA
Contact
2591322

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0002232 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 IOBA0002232.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0002232.

IFSC Code Structure

I
O
B
A
0
0
0
2
2
3
2
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 002232 — Branch code (AKOLA)

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Frequently Asked Questions

Is IOBA0002232 valid for online transfer?
Yes, IOBA0002232 is a valid IFSC code for Indian Overseas Bank AKOLA branch in AHMADNAGAR, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0002232 belong to?
IOBA0002232 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 AKOLA is 444020002. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0002232?
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.