Indian Overseas Bank DURG Branch IFSC Code

IOBA 0002877
Indian Overseas Bank Logo Indian Overseas Bank
DURG — DURG, CHHATTISGARH
MICR: 491020002 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
DURG
IFSC Code
IOBA0002877
MICR Code
491020002
Address
OLD SDOT OFFICE BUILDING,BSNL T.E.COMPOUND,PATEL CHOWK,HEAD POST OFF,DURG,CHATTISGARH 491001
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City
DURG
District
DURG
State
CHHATTISGARH
Contact
+917882216044

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0002877 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 IOBA0002877.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0002877.

IFSC Code Structure

I
O
B
A
0
0
0
2
8
7
7
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 002877 — Branch code (DURG)

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Frequently Asked Questions

Is IOBA0002877 valid for online transfer?
Yes, IOBA0002877 is a valid IFSC code for Indian Overseas Bank DURG branch in DURG, CHHATTISGARH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0002877 belong to?
IOBA0002877 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 DURG is 491020002. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0002877?
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.