Indian Overseas Bank BALOD Branch IFSC Code
IOBA 0002534
Indian Overseas Bank BALOD — DURG, CHHATTISGARH
MICR: 491020501
RTGS: ✓
NEFT: ✓
IMPS: ✓
UPI: ✓
Branch Details
- Bank
- Indian Overseas Bank
- Branch
- BALOD
- IFSC Code
- IOBA0002534
- MICR Code
- 491020501
- City
- DURG
- District
- BALOD
- State
- CHHATTISGARH
- Contact
- +917749223257
How to Use This IFSC Code
NEFT Transfer
Use IFSC code IOBA0002534 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 IOBA0002534.
IMPS Transfer
IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0002534.
IFSC Code Structure
I
O
B
A
0
0
0
2
5
3
4
- IOBA — Bank code (Indian Overseas Bank)
- 0 — Reserved (always 0)
- 002534 — Branch code (BALOD)
Nearby Indian Overseas Bank Branches in DURG
UTAI
IOBA0002325
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MICR: 490020502 RTGS ✓ NEFT ✓ IMPS ✓
DHANORA
IOBA0002326
VILLAGE DHANORA,PO HANODA,DIST DURG,CHATTISGARH
MICR: 490020501 RTGS ✓ NEFT ✓ IMPS ✓
DURG
IOBA0002877
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MICR: 491020002 RTGS ✓ NEFT ✓ IMPS ✓
SACB BEMETARA
IOBA0003092
GASTI CHOWK DURG ROAD PO BENETARA DIST BEMETARA PIN 491335 CHHATTISGARH
MICR: 491020502 RTGS ✓ NEFT ✓ IMPS ✓
JANJGIRI
IOBA0003335
JANJGIRI PO BMY CHARODA 490025 DIST DURG STATE CHHATTISGARH
MICR: 491020003 RTGS ✓ NEFT ✓ IMPS ✓
Frequently Asked Questions
Is IOBA0002534 valid for online transfer?
Yes, IOBA0002534 is a valid IFSC code for Indian Overseas Bank BALOD branch in DURG, CHHATTISGARH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0002534 belong to?
IOBA0002534 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 BALOD is 491020501. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0002534?
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.