Indian Overseas Bank SHANKAR NAGAR RAIPUR Branch IFSC Code

IOBA 0002891
Indian Overseas Bank Logo Indian Overseas Bank
SHANKAR NAGAR RAIPUR — RAIPUR, CHHATTISGARH
MICR: 492020004 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
SHANKAR NAGAR RAIPUR
IFSC Code
IOBA0002891
MICR Code
492020004
Address
JEEVAN PARISAR,RAJIV NAGAR,SHANKAR NAGAR,RAIPUR CHATTISGARH 492007
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City
RAIPUR
District
SANKARA NAGRI
State
CHHATTISGARH
Contact
+9177128584896

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0002891 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 IOBA0002891.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0002891.

IFSC Code Structure

I
O
B
A
0
0
0
2
8
9
1
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 002891 — Branch code (SHANKAR NAGAR RAIPUR)

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Frequently Asked Questions

Is IOBA0002891 valid for online transfer?
Yes, IOBA0002891 is a valid IFSC code for Indian Overseas Bank SHANKAR NAGAR RAIPUR branch in RAIPUR, CHHATTISGARH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0002891 belong to?
IOBA0002891 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 SHANKAR NAGAR RAIPUR is 492020004. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0002891?
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.