Indian Overseas Bank CHAKAN Branch IFSC Code

IOBA 0002742
Indian Overseas Bank Logo Indian Overseas Bank
CHAKAN — PUNE, MAHARASHTRA
MICR: 411020024 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
CHAKAN
IFSC Code
IOBA0002742
MICR Code
411020024
Address
293, NANEKAR WADI, NEAR MANIK CHOWK, SIVAJI NAGAR PUNE 411004
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City
PUNE
District
CHAKAN
State
MAHARASHTRA
Contact
+914428584896

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0002742 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 IOBA0002742.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0002742.

IFSC Code Structure

I
O
B
A
0
0
0
2
7
4
2
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 002742 — Branch code (CHAKAN)

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Frequently Asked Questions

Is IOBA0002742 valid for online transfer?
Yes, IOBA0002742 is a valid IFSC code for Indian Overseas Bank CHAKAN branch in PUNE, MAHARASHTRA. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0002742 belong to?
IOBA0002742 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 CHAKAN is 411020024. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0002742?
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.