Indian Overseas Bank HOSHANGABAD Branch IFSC Code
IOBA 0002416
Indian Overseas Bank HOSHANGABAD — HOSHANGABAD, MADHYA PRADESH
MICR: 461020001
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- Indian Overseas Bank
- Branch
- HOSHANGABAD
- IFSC Code
- IOBA0002416
- MICR Code
- 461020001
- Address
- PLOT NO 1,ANAND NAGAR HOSHANGABAD DISTRICT MADHYA PRADESH STATE PINCODE 461001 Open in Google Maps
- City
- HOSHANGABAD
- District
- HOSHANGABAD
- State
- MADHYA PRADESH
- Contact
- 250107
How to Use This IFSC Code
NEFT Transfer
Use IFSC code IOBA0002416 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 IOBA0002416.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0002416.
IFSC Code Structure
I
O
B
A
0
0
0
2
4
1
6
- IOBA — Bank code (Indian Overseas Bank)
- 0 — Reserved (always 0)
- 002416 — Branch code (HOSHANGABAD)
Frequently Asked Questions
Is IOBA0002416 valid for online transfer?
Yes, IOBA0002416 is a valid IFSC code for Indian Overseas Bank HOSHANGABAD branch in HOSHANGABAD, MADHYA PRADESH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0002416 belong to?
IOBA0002416 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 HOSHANGABAD is 461020001. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0002416?
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.