Indian Overseas Bank BHATAPARA RAIPUR Branch IFSC Code

IOBA 0002961
Indian Overseas Bank Logo Indian Overseas Bank
BHATAPARA RAIPUR — RAIPUR, CHHATTISGARH
MICR: 493020201 RTGS: ✓ NEFT: ✓ IMPS: ✓ UPI: ✓

Branch Details

Bank
Indian Overseas Bank
Branch
BHATAPARA RAIPUR
IFSC Code
IOBA0002961
MICR Code
493020201
Address
H NO 667,MAHAVIR WARD BHATAPARA DT,BALODA BAZAR,CHATTISGARH,493118
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City
RAIPUR
District
BHATAPARA
State
CHHATTISGARH
Contact
+917726220151

How to Use This IFSC Code

NEFT Transfer

Use IFSC code IOBA0002961 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 IOBA0002961.

IMPS Transfer

IMPS is available 24×7 including holidays. Maximum ₹5 lakhs per transaction. Use IFSC code IOBA0002961.

IFSC Code Structure

I
O
B
A
0
0
0
2
9
6
1
  • IOBA — Bank code (Indian Overseas Bank)
  • 0 — Reserved (always 0)
  • 002961 — Branch code (BHATAPARA RAIPUR)

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Frequently Asked Questions

Is IOBA0002961 valid for online transfer?
Yes, IOBA0002961 is a valid IFSC code for Indian Overseas Bank BHATAPARA RAIPUR branch in RAIPUR, CHHATTISGARH. You can use this code for NEFT, RTGS, and IMPS transfers.
What bank does IOBA0002961 belong to?
IOBA0002961 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 BHATAPARA RAIPUR is 493020201. MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque processing.
Can I do RTGS using IOBA0002961?
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.