Indian Overseas Bank PANPOSH Branch IFSC Code

IOBA 0002396
Indian Overseas Bank Logo Indian Overseas Bank
PANPOSH — SUNDARGARH, ODISHA
MICR: 769020004 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
PANPOSH
IFSC Code
IOBA0002396
MICR Code
769020004
Address
NEAR BSNL CHOWK,HOUSE NO GM 13,KALINGA BIHAR,PANPOSH,DT SUNDERGARH ORISSA,PIN 769015
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City
SUNDARGARH
District
PANPOSH
State
ODISHA
Contact
2481011

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0002396 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 IOBA0002396.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0002396.

IFSC Code Structure

I
O
B
A
0
0
0
2
3
9
6
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 002396 — Branch code (PANPOSH)

Frequently Asked Questions

Is IOBA0002396 valid for online transfer?
Yes, IOBA0002396 is a valid IFSC code for Indian Overseas Bank PANPOSH branch in SUNDARGARH, ODISHA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0002396 belong to?
IOBA0002396 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 PANPOSH is 769020004. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0002396?
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.